Chapter

Healthy, Wealthy, and Knowing Where to Live

Edited by Florian Heiss, Michael D. Hurd and Axel Börsch-Supan

in Analyses in the Economics of Aging

Published by University of Chicago Press

Published in print August 2005 | ISBN: 9780226902869
Published online February 2013 | e-ISBN: 9780226903217 | DOI: http://dx.doi.org/10.7208/chicago/9780226903217.003.0009
Healthy, Wealthy, and Knowing Where to Live

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This chapter examines the trajectories of health, wealth and living arrangements among older people in the U.S. It suggests that the notion that interaction of health and wealth is moderated by where elderly persons live. The findings indicate that remaining in the lowest wealth quartile is most likely when an elderly person lives in a nursing home and least likely when this person lives with others.

Keywords: health; wealth; living arrangements; older people; U.S.; nursing home

Chapter.  13370 words.  Illustrated.

Subjects: Econometrics and Mathematical Economics

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