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Medical and nursery care with endogenous health and longevity

Schünemann, Johannes ; Strulik, Holger ; Trimborn, Timo

(Working Papers SES ; 505)

For the population over 65, nursery care expenditures constitute on average the largest share in total health expenditures. In this paper, we distinguish between medical care, intended to improve ones state of health, and personal care required for daily routine. Personal care can be either carried out autonomously or by a third party. In the course of aging, autonomous personal care is...