Long-term care policy with nonlinear strategic bequests☆
Keywords
Long-term care
informal care
strategic bequests
asymmetric information
JEL classification
H2
H5
I13
J14
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Financial support from the Chaire “Marché des risques et creation de valeur” of the FdR/SCOR is gratefully acknowledged. Helmuth Cremer acknowledges funding received by TSE from ANR under grant ANR-17-EURE-0010 (Investissements d’Avenir program). We wish to thank the editor and the reviewers for their detailed, thoughtful and constuctive comments and suggestions. This paper has been presented at the EHEW 2017 in Oslo, the LAGV conference 2017 in Aix-en-Provence, and in seminars at the Universidad Autònoma de Barcelona, the Frisch Center in Oslo, King’s College London, and University of Naples Federico II. We thank all the participants and particularly Marcos Vera-Hernández for their comments.
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