Well-being losses due to care-giving

Publisher:
Elsevier Inc
Publication Type:
Journal Article
Citation:
Journal Of Health Economics, 2014, 35 pp. 123 - 131
Issue Date:
2014-01
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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.
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