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Article Dans Une Revue Journal of Economic Behavior and Organization Année : 2022

Nursing home aversion post-pandemic: Implications for savings and long-term care policy

Bertrand Achou
Philippe de Donder
Franca Glenzer
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Minjoon Lee
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Résumé

COVID-19 outbreaks at nursing homes during the recent pandemic have received ample media coverage and may have lasting negative impacts on individuals' perception of nursing homes. We argue that this could have sizable and persistent implications for savings and long-term care policies. Our theoretical model predicts that higher nursing home aversion should induce higher savings and stronger support for policies subsidizing home care. Based on a survey of Canadians aged 50 to 69, we document 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 these respondents are more likely to have higher intended savings for old age because of the pandemic. We also find that they are more likely to strongly support home care subsidies.
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Dates et versions

hal-03917920 , version 1 (02-01-2023)

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Paternité - Pas d'utilisation commerciale - Pas de modification

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Bertrand Achou, Philippe de Donder, Franca Glenzer, Minjoon Lee, Marie-Louise Leroux. Nursing home aversion post-pandemic: Implications for savings and long-term care policy. Journal of Economic Behavior and Organization, 2022, 201, pp.1 - 21. ⟨10.1016/j.jebo.2022.06.034⟩. ⟨hal-03917920⟩
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