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Living Arrangements
Axel Börsch-Supan
Daniel McFadden
Reinhold Schnabel
其他書名
Health and Wealth Effects
出版
National Bureau of Economic Research
, 1993
URL
http://books.google.com.hk/books?id=7bw_Uw3D1wUC&hl=&source=gbs_api
註釋
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.