Health and Retirement Effects in a Collective Consumption Model of Elderly Households


Using data on older individuals and couples, we estimate a collective model of household consumption of a variety of goods, showing how resources are shared between husbands and wives, and how this allocation is affected by retirement and health status. We identify the extent to which shared consumption of goods by older married couples reduces the costs of… (More)


5 Figures and Tables

Slides referencing similar topics