The shadow prices of voluntary caregiving: using well-being panel data to estimate the cost of informal care

• Main Authors: McDonald, Rebecca, Powdthavee, Nattavudh
• 其他作者: School of Social Sciences
• 格式: Article
• 語言: English
• 出版: 2024
• 主題: Social Sciences; Compensation variations; Happiness; Informal care; Shadow prices; Time-invariant income; Well-being
• 在線閱讀: https://hdl.handle.net/10356/180882
• 機構: Nanyang Technological University

This article uses the well-being valuation (WV) approach to estimate and monetize the well-being impacts of informal care provision on caregivers. Using nationally representative longitudinal data from the UK, the British Household Panel Survey, we address two challenging methodological issues re...