TY  - JOUR
AU  - Heiss,Florian
AU  - Hurd,Michael
AU  - Borsch-Supan,Axel
TI  - Healthy, Wealthy, and Knowing Where to Live: Predicted Trajectories of Health, Wealth and Living Arrangements Among the Oldest Old
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 9897
PY  - 2003
Y2  - August 2003
UR  - http://www.nber.org/papers/w9897
L1  - http://www.nber.org/papers/w9897.pdf
N1  - Author contact info:
Florian Heiss
University of Duesseldorf  
LS Statistics and Econometrics
Universitaetsstrasse 1, Geb. 24.31
40225  Düsseldorf 
Germany
E-Mail:  florian.heiss@hhu.de

Michael D. Hurd
RAND Corporation
1776 Main Street
Santa Monica, CA 90407
Tel: 310/451-6945
Fax: 310/451-6923
E-Mail: mhurd@rand.org

Axel H. Boersch-Supan
Munich Center for the Economics of Aging
Max Planck Institute
for Social Law and Social Policy
Amalienstrasse 33
80779 Munich
GERMANY
Tel: +49 (89) 3860-2355
Fax: 49 (89) 3860-2390
E-Mail: axel@boersch-supan.de
AB  - Health, wealth and where one lives are important, if not the three most important material living conditions. There are many mechanisms that suggest that living arrangements and well-being derived from health and economic status are closely related. This paper investigates the joint evolution of the three conditions, using a microeconometric approach similar to what is known as vector autoregressions' (VAR) in the macroeconomics literature.
ER  -