Well-being losses due to care-giving

doi:10.1016/j.jhealeco.2014.01.008

Journal of Health Economics

Volume 35, May 2014, Pages 123-131

https://doi.org/10.1016/j.jhealeco.2014.01.008 Get rights and content

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Abstract

This paper estimates the impact of informal caregiving on self-reported well-being. It uses a sample of 23,285 respondents of the first eleven waves of the Household, Income and Labour Dynamics in Australia (HILDA).

We apply a relatively new analytical method that enables us to estimate fixed effects ordered logit to analyse subjective well-being. The econometric estimates show that providing informal care has a negative effect on subjective well-being.

The empirical evidence of our paper could be helpful to inform policy makers to better understand the impact of caregiving and design the appropriate long term care policies and support services.

JEL classification

I10

Keywords

Informal care

Well-being

Happiness

Life satisfaction

Cost-effectiveness analysis

Cost-benefit analysis

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^☆: This is an open-access article distributed under the terms of the Creative Commons Attribution-NonCommercial-No Derivative Works License, which permits non-commercial use, distribution, and reproduction in any medium, provided the original author and source are credited.

^☆☆: Previous drafts of this paper were presented at the 27th Australian Conference of Health Economists in Perth 2006, the Happiness and Public Policy Conference in Bangkok 2007, the American Economic Association Annual Meeting 2008 in New Orleans, and the 7th European Conference on Health Economics in Roma 2008. We thank the discussants and participants of these sessions for their useful comments and suggestions. We also thank the anonymous reviewer and the editors Prof K. Claxton and Prof R.G. Frank for useful suggestions.

Journal of Health Economics

Well-being losses due to care-giving☆,☆☆

Abstract

JEL classification

Keywords