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Sheerin, Corina

Valuing Informal Care in Ireland: Beyond the Traditional Production Boundary

Measures of economic output captured by traditional national account metrics emphasise the importance of paid work over unpaid work which can lead to inefficient policy decision making. We utilise Irish census data to measure the economic value of informal care in Ireland. Our results reveal the considerable value of informal care in Ireland ranging between E2.1 and E5.5 billion, depending on valuation approach.

Mon, 04/08/2019 - 15:27