Geyer, Johannes; Haan, Peter; Teschner, Mia - 2024
-term care. In this paper, we show how macroeconomic conditions affect these prices. The analysis is based on administrative data … long-term care benefits in Germany. For identification, we exploit variation in macroeconomic conditions measured by the … employment, working hours, and quality of care in nursing homes are not significantly affected by macroeconomic conditions, our …