Résumé en anglais

This paper focuses on the trade-o between formal and informal care for disabled elderly peopleliving at home in France. Using the French 2008 household Disability - Healthcare data (HandicapSant e M enages - HSM 2008), we aim to elucidate the e ect of an increase in formal home-care hourson the participation of informal caregivers. We expand on the previous literature, which almostexclusively focuses on the e ect of informal care on formal home care. We estimate a bivariate Tobitmodel to account for both the censor and the potential endogeneity of our formal home-care vari-able. Our results con rm that crowding out of informal caregivers arises when the elderly dependentreceives more hours of formal home care. Nevertheless, the crowding out of informal caregivers thatarises when only personal formal home care increases is much weaker. Such crowding out can beinterpreted negatively as a renouncement of informal caregivers, but it may also allow some of thesecaregivers to work more or re-enter the labor market.