Why Don't the Elderly Live With Their Children? A New Look / Laurence J. Kotlikoff, John Morris.

By:

Kotlikoff, Laurence J

Contributor(s):

Material type: Text

TextSeries: Working Paper Series (National Bureau of Economic Research) ; no. w2734.Publication details: Cambridge, Mass. National Bureau of Economic Research 1988.Description: 1 online resource: illustrations (black and white)Subject(s):

H - Public Economics

Online resources:

Available additional physical forms:

Hardcopy version available to institutional subscribers

Abstract: Perhaps no single statistic raises more concern about post War changes in the U.S. family than the proportion of the elderly living alone. Since 1940 the proportion of elderly living alone and in institutions has risen dramatically. While demographics appear to explain much of the change in the living arrangements of the elderly, the rising income of the elderly is viewed by many as the chief or at least a chief reason why the elderly live alone. The analyses underlying this view have not, however, considered the incomes and preferences of the children of the elderly. This paper presents a model of the joint living arrangement choice of parents and children. It then uses a new set of data to consider how the preferences and income positions of the elderly and their children influence the living arrangements of elderly parents. The findings suggest that the preferences and income levels of children may be important factors in explaining why so many of the elderly live alone.

Tags from this library: No tags from this library for this title. Log in to add tags.

Average rating: 0.0 (0 votes)

Holdings
Item type	Home library	Collection	Call number	Status	Date due	Barcode	Item holds
Working Paper	Biblioteca Digital	Colección NBER	nber w2734 (Browse shelf(Opens below))	Not For Loan

Total holds: 0

Collection: Colección NBER Close shelf browser (Hides shelf browser)

Previous	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	Next
Previous	nber w27337 Party On: The Labor Market Returns to Social Networks and Socializing /	nber w27338 Concentration and Agglomeration of IT Innovation and Entrepreneurship: Evidence from Patenting /	nber w27339 An Event Study of COVID-19 Central Bank Quantitative Easing in Advanced and Emerging Economies /	nber w2734 Why Don't the Elderly Live With Their Children? A New Look /	nber w27340 Trading Off Consumption and COVID-19 Deaths /	nber w27341 Searching for Approval /	nber w27342 Exchange Rates and Asset Prices in a Global Demand System /	Next

October 1988.

Perhaps no single statistic raises more concern about post War changes in the U.S. family than the proportion of the elderly living alone. Since 1940 the proportion of elderly living alone and in institutions has risen dramatically. While demographics appear to explain much of the change in the living arrangements of the elderly, the rising income of the elderly is viewed by many as the chief or at least a chief reason why the elderly live alone. The analyses underlying this view have not, however, considered the incomes and preferences of the children of the elderly. This paper presents a model of the joint living arrangement choice of parents and children. It then uses a new set of data to consider how the preferences and income positions of the elderly and their children influence the living arrangements of elderly parents. The findings suggest that the preferences and income levels of children may be important factors in explaining why so many of the elderly live alone.