Retiree Migration: Considerations of Amenity and Health Access Drivers
After a lifetime of working and saving, retirement is a time that an individual can participate in aspirations and activities that were difficult to explore under the constraints of family rearing and full time employment. This newfound freedom allows one to act on her true preferences and alter her lifestyle. One such example is in location decisions. When examining the drivers of migration for retirees versus people still in the work force, one finds that the drivers for the two groups are not synonymous. For those in the labor force, the weight of locational attributes in decision making can be second best to employment opportunities. However, incomes of retirees are often invariant of their location decisions, and their migration decisions are decoupled from job market conditions. Retirees can indulge in specific tastes and preferences such as a preference for natural amenities or access to health care services. This paper examines the question of which attribute is more important when a retiree migrant is deciding between easy medical access versus possibly secluded natural amenities. Retirees appear to consider both attributes, with natural amenities appearing more important drivers of migration decisions.
|Date of creation:||May 2012|
|Contact details of provider:|| Postal: 555 East Wells Street, Suite 1100, Milwaukee, Wisconsin 53202|
Phone: (414) 918-3190
Fax: (414) 276-3349
Web page: http://www.aaea.org
More information through EDIRC
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.:
- Grossman, Michael, 1972. "On the Concept of Health Capital and the Demand for Health," Journal of Political Economy, University of Chicago Press, vol. 80(2), pages 223-255, March-Apr.
- Rappaport, Jordan, 2007.
"Moving to nice weather,"
Regional Science and Urban Economics,
Elsevier, vol. 37(3), pages 375-398, May.
- Jordan Rappaport, 2003. "Moving to nice weather," Research Working Paper RWP 03-07, Federal Reserve Bank of Kansas City.
- Jordan Rappaport, 2004. "Moving to Nice Weather," Econometric Society 2004 North American Summer Meetings 188, Econometric Society.
- Thomas A. Knapp & Nancy E. White & David E. Clark, 2001. "A Nested Logit Approach to Household Mobility," Journal of Regional Science, Wiley Blackwell, vol. 41(1), pages 1-22.
- Chen, Yong & Rosenthal, Stuart S., 2008. "Local amenities and life-cycle migration: Do people move for jobs or fun?," Journal of Urban Economics, Elsevier, vol. 64(3), pages 519-537, November.
- McGranahan, David A., 1999. "Natural Amenities Drive Rural Population Change," Agricultural Economics Reports 33955, United States Department of Agriculture, Economic Research Service.
- Manning, Willard G, et al, 1987. "Health Insurance and the Demand for Medical Care: Evidence from a Randomized Experiment," American Economic Review, American Economic Association, vol. 77(3), pages 251-277, June.
- Michael Storper & Allen J. Scott, 2009. "Rethinking human capital, creativity and urban growth," Journal of Economic Geography, Oxford University Press, vol. 9(2), pages 147-167, March. Full references (including those not matched with items on IDEAS)
When requesting a correction, please mention this item's handle: RePEc:ags:aaea12:124606. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If references are entirely missing, you can add them using this form.