The Income Management Strategies of Older Couples in Canada
AbstractIn this study, the income management strategies of Canadian couples are examined using data from the 2007 General Social Survey. The extent to which "older" couples, in which at least one spouse or partner is aged 45 or older, employ an allocative, pooled, or separate strategy is explored. Results show that the income management strategies used by these couples are correlated with relationship characteristics, such as common-law status, duration of relationship, and the presence of children. As well, the likelihood of using a separate approach is positively correlated with levels of educational attainment and with the amount of income received by wives or female partners.
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Bibliographic InfoPaper provided by Statistics Canada, Analytical Studies Branch in its series Analytical Studies Branch Research Paper Series with number 2011335e.
Date of creation: 22 Jun 2011
Date of revision:
Labour; Income; pensions; spending and wealth; Seniors; Wages; salaries and other earnings; Household; family and personal income; Income; pensions and wealth;
This paper has been announced in the following NEP Reports:
- NEP-AGE-2011-07-02 (Economics of Ageing)
- NEP-ALL-2011-07-02 (All new papers)
- NEP-LAB-2011-07-02 (Labour Economics)
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