
Published online:
21 February 2013
Published in print:
03 August 2005
Online ISBN:
9780226903217
Print ISBN:
9780226902869
Contents
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8.1 Introduction 8.1 Introduction
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8.2 Data 8.2 Data
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8.3 Estimation of the Transition Probabilities 8.3 Estimation of the Transition Probabilities
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8.4 Estimation Results 8.4 Estimation Results
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8.5 Simulating Trajectories 8.5 Simulating Trajectories
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8.5.1 Survival and Health 8.5.1 Survival and Health
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8.5.2 Wealth and Home Ownership 8.5.2 Wealth and Home Ownership
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8.5.3 Living Arrangements 8.5.3 Living Arrangements
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8.5.4 Decomposing the Effects: Keep Some Dimensions Fixed 8.5.4 Decomposing the Effects: Keep Some Dimensions Fixed
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8.5.5 Dose and Response Analysis 8.5.5 Dose and Response Analysis
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8.6 Do the Elderly Downsize Housing? 8.6 Do the Elderly Downsize Housing?
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8.7 Conclusions 8.7 Conclusions
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References References
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Comment - Steven F. Venti Comment - Steven F. Venti
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References References
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Chapter
8 Healthy, Wealthy, and Knowing Where to Live: Trajectories of Health, Wealth, and Living Arrangements among the Oldest Old
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Pages
241–280
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Published:August 2005
Cite
OXFORD ACADEMIC STYLE
Heiss, Florian, Michael D. Hurd, and Axel Börsch-Supan (eds), 'Healthy, Wealthy, and Knowing Where to Live: Trajectories of Health, Wealth, and Living Arrangements among the Oldest Old', in David A. Wise (ed.), Analyses in the Economics of Aging (Chicago, IL , 2005; online edn, Chicago Scholarship Online, 21 Feb. 2013), https://doi.org/10.7208/chicago/9780226903217.003.0009, accessed 24 Apr. 2025.
CHICAGO STYLE
Heiss, Florian, Michael D. Hurd, and Axel Börsch-Supan (eds). "Healthy, Wealthy, and Knowing Where to Live: Trajectories of Health, Wealth, and Living Arrangements among the Oldest Old." In Analyses in the Economics of Aging. Edited by David A. Wise (ed.). University of Chicago Press, 2005. Chicago Scholarship Online, 2013. https://doi.org/10.7208/chicago/9780226903217.003.0009.
Abstract
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.
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