in The Review of Economic Studies
April 2018; p ublished online June 2017 .
Journal Article. Subjects: Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Demographic Economics; Welfare Economics; Game Theory and Bargaining Theory. 25832 words.
We propose a dynamic non-cooperative framework for long-term-care (LTC) decisions of families and use it to evaluate LTC policy options for the U.S....