Economic valuation of informal care

@article{Berg2004EconomicVO,
  title={Economic valuation of informal care},
  author={Bernard M. van den Berg and Werner B. F. Brouwer and Marc A. Koopmanschap},
  journal={The European Journal of Health Economics, formerly: HEPAC},
  year={2004},
  volume={5},
  pages={36-45}
}
Informal care makes up a significant part of the total amount of care provided to care recipients with chronic and terminal diseases. Still, informal care is often neglected in economic evaluations of health care programs. Probably this is related to the fact that the costs of informal care are to an important extent related to time inputs by relatives and friends of care recipients and time is not easy to value. Development of theoretically sound, yet easily applicable valuation methods is… CONTINUE READING