A Longitudinal Study of the Residential Mobility of the Elderly in Canada

Yuri Ostrovsky

Social and Economic Dimensions of an Aging Population Research Papers from McMaster University

Abstract: An intensely debated question in the lifecycle literature is whether housing wealth is viewed by households as a financial asset that will be used to support general consumption after retirement. This paper uses the newly available longitudinal Canadian Survey of Labour and Income Dynamics (SLID) to investigate the factors influencing elderly households' residential mobility choices. A dynamic non-linear panel (longitudinal) data dynamic model is employed. I use the Bover-Arellano estimator (Chamberlain's class of estimators), based on reduced form predictions of the latent dependent variable. The residential mobility of the elderly appears to be affected mostly by moving costs, which are different for owners and non-owners.

Keywords: residential mobility; elderly; SLID (search for similar items in EconPapers)
JEL-codes: J14 (search for similar items in EconPapers)
Pages: 55 pages
Date: 2002-06
New Economics Papers: this item is included in nep-hea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://socserv.mcmaster.ca/sedap/p/sedap78.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://socserv.mcmaster.ca/sedap/p/sedap78.pdf [302 Moved Temporarily]--> https://socialsciences.mcmaster.ca/sedap/p/sedap78.pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mcm:sedapp:78

Access Statistics for this paper

More papers in Social and Economic Dimensions of an Aging Population Research Papers from McMaster University Contact information at EDIRC.
Bibliographic data for series maintained by ().