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Analyses in the Economics of Aging$
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David A. Wise

Print publication date: 2005

Print ISBN-13: 9780226902869

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226903217.001.0001

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Healthy, Wealthy, and Knowing Where to Live

Healthy, Wealthy, and Knowing Where to Live

Trajectories of Health, Wealth, and Living Arrangements among the Oldest Old

(p.241) 8 Healthy, Wealthy, and Knowing Where to Live
Analyses in the Economics of Aging
Florian Heiss, Michael D. Hurd, Axel Börsch-Supan
University of Chicago Press

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

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