Fiche du document
15 novembre 2021
- handle: 10670/1.24xevp
- hal: hal-03429528
info:eu-repo/semantics/OpenAccess
Mots-clés
Pandemic Risk Nursing Home Long-Term Care Savings Public Policy D - Microeconomics/D.D1 - Household Behavior and Family Economics/D.D1.D14 - Household Saving; Personal Finance H - Public Economics/H.H3 - Fiscal Policies and Behavior of Economic Agents/H.H3.H31 - Household H - Public Economics/H.H5 - National Government Expenditures and Related Policies/H.H5.H51 - Government Expenditures and Health H - Public Economics/H.H5 - National Government Expenditures and Related Policies/H.H5.H53 - Government Expenditures and Welfare Programs I - Health, Education, and Welfare/I.I1 - Health/I.I1.I10 - General I - Health, Education, and Welfare/I.I3 - Welfare, Well-Being, and Poverty/I.I3.I31 - General Welfare, Well-BeingSujets proches
Nursing process Nurses and nursing Clinical nursingCiter ce document
Bertrand Achou et al., « Nursing home aversion post-pandemic: Implications for savings and long-term care policy », HAL-SHS : économie et finance, ID : 10670/1.24xevp
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Résumé
COVID-19 outbreaks at nursing homes during the recent pandemic, which received ample media coverage, may have lasting negative impacts on individuals' perceptions regarding nursing homes. We argue that this could have sizable and persistent implications for savings and long-term care policies. We first develop a theoretical model predicting that higher nursing home aversion should induce higher savings and stronger support for policies subsidizing home care. We further document, based on a survey on Canadians in their 50s and 60s, that higher nursing home aversion is widespread: 72% of respondents are less inclined to enter a nursing home because of the pandemic. Consistent with our model, we find that the latter are much more likely to have higher intended savings for older age because of the pandemic. We also find that they are more likely to strongly support home care subsidies.