The Income Management Strategies of Older Couples in Canada

Christine Laporte () and Grant Schellenberg

Analytical Studies Branch Research Paper Series from Statistics Canada, Analytical Studies Branch

Abstract:

In this study, the income management strategies of Canadian couples are examined using data from the 2007 General Social Survey. The extent to which "older" couples, in which at least one spouse or partner is aged 45 or older, employ an allocative, pooled, or separate strategy is explored. Results show that the income management strategies used by these couples are correlated with relationship characteristics, such as common-law status, duration of relationship, and the presence of children. As well, the likelihood of using a separate approach is positively correlated with levels of educational attainment and with the amount of income received by wives or female partners.

Keywords: Household; family and personal income; Income; pensions and wealth; Income; pensions; spending and wealth; Labour; Seniors; Wages; salaries and other earnings (search for similar items in EconPapers)
Date: 2011-06-22
New Economics Papers: this item is included in nep-age and nep-lab
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Persistent link: https://EconPapers.repec.org/RePEc:stc:stcp3e:2011335e

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