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Elderly Health, Wealth and Coresidence with Adult Children in Rural India

  • Sarmistha Pal

    ()

Little is known about the living conditions of a growing number of elderly in India who predominantly coreside with their children. Mutual sharing of responsibilities is important in coresidency arrangements involving exchange of financial and other services between the elderly and their coresident children. The paper focuses on health and wealth effects of elderly coresidency arrangements. In an attempt to redress the resultant endogeneity bias, we estimate a correlated recursive system of equations. There is evidence that the probability of coresidence is lower for those disadvantaged older elderly who lack health, wealth or both, thus necessitating social protection.

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File URL: http://www.brunel.ac.uk/329/efwps/0617.pdf
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Paper provided by Economics and Finance Section, School of Social Sciences, Brunel University in its series Economics and Finance Discussion Papers with number 06-17.

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Length: 40 pages
Date of creation: Jun 2006
Date of revision:
Handle: RePEc:bru:bruedp:06-17
Contact details of provider: Postal: Brunel University, Uxbridge, Middlesex UB8 3PH, UK

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  1. Laurence J. Kotlikoff & John N. Morris, 1987. "How Much Care Do the Aged Receive from Their Children? A Bimodal Picture of Contact and Assistance," NBER Working Papers 2391, National Bureau of Economic Research, Inc.
  2. Kochar, Anjini, 1999. "Evaluating Familial Support for the Elderly: The Intrahousehold Allocation of Medical Expenditures in Rural Pakistan," Economic Development and Cultural Change, University of Chicago Press, vol. 47(3), pages 620-56, April.
  3. Anjini Kochar, 2000. "Parental Benefits from Intergenerational Coresidence: Empirical Evidence from Rural Pakistan," Journal of Political Economy, University of Chicago Press, vol. 108(6), pages 1184-1209, December.
  4. Hoddinott, John, 1992. "Rotten Kids or Manipulative Parents: Are Children Old Age Security in Western Kenya?," Economic Development and Cultural Change, University of Chicago Press, vol. 40(3), pages 545-65, April.
  5. Axel Börsch-Supan, 1989. "Household Dissolution and the Choice of Alternative Living Arrangements among Elderly Americans," NBER Chapters, in: The Economics of Aging, pages 119-150 National Bureau of Economic Research, Inc.
  6. Sarmistha Pal & Robert Palacios, 2005. "Old Age Poverty In The Indian States: What The Household Data Can Say?," Labor and Demography 0505015, EconWPA.
  7. Gary S. Becker, 1974. "A Theory of Social Interactions," NBER Working Papers 0042, National Bureau of Economic Research, Inc.
  8. Jellal, Mohamed & wolff, François charles, 2002. "Insecure old-age security," MPRA Paper 38644, University Library of Munich, Germany.
  9. Pollak, Robert A, 1985. "A Transaction Cost Approach to Families and Households," Journal of Economic Literature, American Economic Association, vol. 23(2), pages 581-608, June.
  10. Kathleen McGarry & Robert F. Schoeni, 1998. "Social Security, Economic Growth, and the Rise in Independence of Elderly Widows in the 20th Century," NBER Working Papers 6511, National Bureau of Economic Research, Inc.
  11. Townsend, R.M., 1991. "Risk and Insurance in Village India," University of Chicago - Economics Research Center 91-3, Chicago - Economics Research Center.
  12. repec:ese:iserwp:2000-09 is not listed on IDEAS
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