Valuing Informal Care for Economic Evaluation

Research output: Chapter in Book/Report/Conference proceedingChapter

Author(s)

Department/unit(s)

Publication details

Title of host publicationEncyclopedia of Health Economics
DatePublished - 2014
Pages459-467
Number of pages8
PublisherElsevier
Place of PublicationSan Diego
EditorsAJ Culyer
Volume1
Original languageEnglish

Abstract

Informal care is the mainstay of support for many people living in the community, particularly those with long-term care needs. Informal care does not have an explicit value to reflect the resources required to provide informal care-related activities, or the benefits of doing so. Few economic evaluations value informal care. To include informal care in economic evaluations requires methods to measure and value the benefits and costs of informal care. This article reviews the methods used for measuring and valuing informal care in monetary and nonmonetary terms.

    Research areas

  • Economic evaluation; Informal care; Valuation

Research outputs

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