Living Arrangements: Health and Wealth Effects

Axel Borsch-Supan, Daniel McFadden, Reinhold Schnabel

NBER Working Paper No. 4398
Issued in July 1993
NBER Program(s):   AG

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.

(2503 K)

(278 K)

The NBER Bulletin on Aging and Health provides summaries of publications like this.  You can sign up to receive the NBER Bulletin on Aging and Health by email.

Published:

• Advances in the Economics of Aging, David A. Wise, pp. 193-212, (Chicago, University of Chicago Press, 1996). ,
• Living Arrangements: Health and Wealth Effects , Axel Borsch-Supan, Daniel L. McFadden, Reinhold Schnabel, in Advances in the Economics of Aging (1996), University of Chicago Press
  

This paper is available as PDF (2503 K) or DjVu (278 K) (Download viewer) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX