English, Article edition: ON THE LIVING ARRANGEMENTS OF ELDERLY WIDOWS Carlos Bethencourt; José-Víctor Ríos-Rull

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Bookmark: http://trove.nla.gov.au/version/25718
Physical Description
  • article
Language
  • English

Edition details

Title
  • ON THE LIVING ARRANGEMENTS OF ELDERLY WIDOWS
Author
  • Carlos Bethencourt
  • José-Víctor Ríos-Rull
Physical Description
  • article
Notes
  • Between 1970 and 1990, the share of elderly widows living alone grew by 23.2% in the United States, whereas those living with their children decreased by a similar amount. We pose a variety of models for determining the living arrangements in which living together increases consumption because of economies of scale and may also provide utility directly. We estimate these models using the 1970 data and obtain an excellent fit. The estimated models predict that changes in the incomes of both the widow and her offspring generate three-quarters of the increase in the number of widows living alone. Copyright © (2009) by the Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.
  • RePEc:ier:iecrev:v:50:y:2009:i:3:p:773-801
Language
  • English
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