Living Arrangements: Health and Wealth Effects

descriptionPublicationkeyboard_double_arrow_right Report , Other literature type , Part of book or chapter of book , Book , Preprint , Research 01 Jul 1993 Germany Publisher:National Bureau of Economic Research

Authors: Borsch-Supan, Axel; McFadden, Daniel; Schnabel, Reinhold;

doi: 10.3386/w4398

Living Arrangements: Health and Wealth Effects

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Abstract

This paper investigates the choice of living arrangements among elderly Americans. It has two specific aims. First, because health is not directly measurable and can only be described by indicators such as ADLs and IADLs, it explores a new econometric approach to model the influence of the latent health status on living arrangements. Second, it exploits the NBER Economic Supplement of the Longitudinal Study on Aging to investigate the role of housing and financial wealth in the choice of living arrangements.

Country

Germany

Related Organizations

National Bureau of Economic Research
United States
University of California, Berkeley
United States
University of Mannheim
Germany
Max Planck Society
Germany

Keywords

330, Wirtschaftswissenschaften, jel: jel:J14, jel: jel:R31

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