“...Many government programs transfer resources to older people and implicitly or explicitly tax their labor. We shed new light on the labor supply and welfare...”

“...Making a transfer in kind reduces its value to recipients but can improve targeting. We develop an approach to quantifying this tradeoff and apply it to home...”

“...Despite facing significant uncertainty about their lifespans and health care costs, most retirees do not buy annuities or long-term care insurance. In this...”

“...Making a transfer in kind reduces its value to recipients but can improve targeting. We develop an approach to quantifying this trade-off and apply it to home...”

“...Despite facing significant uncertainty about how long they will live and how much costly health care they will require, few retirees buy life annuities or...”

“...Making a transfer in kind reduces its value to recipients but can improve targeting. We develop an approach to quantifying this trade-off and apply it to home...”

“...Many government programs transfer resources to older people and implicitly or explicitly tax their labor. We shed new light on the labor supply and welfare...”

“...Many government programs transfer resources to older people and implicitly or explicitly tax their labor. We shed new light on the labor supply and welfare...”