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The Income Management Strategies of Older Couples in Canada

Author

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  • Laporte, Christine
  • Schellenberg, Grant

Abstract

In 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.

Suggested Citation

  • Laporte, Christine & Schellenberg, Grant, 2011. "The Income Management Strategies of Older Couples in Canada," Analytical Studies Branch Research Paper Series 2011335e, Statistics Canada, Analytical Studies Branch.
  • Handle: RePEc:stc:stcp3e:2011335e
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    More about this item

    Keywords

    Household; family and personal income; Income; pensions and wealth; Income; pensions; spending and wealth; Labour; Seniors; Wages; salaries and other earnings;

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