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Household Structure and Consumption Insurance of the Elderly

Ulker, Aydogan


This paper examines the role of household formation in providing consumption insurance to the elderly. Using data from the Consumer Expenditure Surveys, raw tabulations of per adult equivalent consumption indicate that the elderly who live alone have higher levels of well-being relative to those who live with others. This is misleading, however, because the decision to live alone is clearly endogenous. The empirical estimation accounts for this endogeneity using data from the Panel Study of...[Show more]

CollectionsANU Research Publications
Date published: 2008
Type: Journal article
Source: Journal of Population Economics
DOI: 10.1007/s00148-007-0150-y


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