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.
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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number
4398.
Length: Date of creation: Jul 1993 Date of revision: Publication status: published relationship to a non-chapter. This should not happen. Please contact NBER. Handle: RePEc:nbr:nberwo:4398
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Chapter
Axel Borsch-Supan & Daniel L. McFadden & Reinhold Schnabel, 1996.
"Living Arrangements: Health and Wealth Effects,"
NBER Chapters,
in: Advances in the Economics of Aging, pages 193-216
National Bureau of Economic Research, Inc.
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Find related papers by JEL classification: R31 - Urban, Rural, and Regional Economics - - Production Analysis and Firm Location - - - Housing Supply and Markets J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Axel Borsch-Supan & Jagadeesh Gokhale & Laurence J. Kotlikoff & John N. Morris, 1992.
"The Provision of Time to the Elderly by Their Children,"
NBER Chapters,
in: Topics in the Economics of Aging, pages 109-134
National Bureau of Economic Research, Inc.
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