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Title: The Role of the Family in the Economic Well-being of the Elderly
Resulting in 1 citation.
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Moon, Marilyn |
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The Role of the Family in the Economic Well-being of the Elderly Gerontologist 23,1 (February 1983): 45-50. Also: http://gerontologist.oxfordjournals.org/content/23/1/45.full.pdf+html Cohort(s): Older Men Publisher: Gerontological Society of America Keyword(s): Family Resources; Income; Transfers, Family; Transfers, Private; Transfers, Public; Well-Being An overview of the size and importance of private transfers of resources among relatives, based on information from the National Longitudinal Survey of Older Men and the Michigan Panel Survey of Income Dynamics, is provided, and the likely tradeoffs between public and private transfers are estimated. The results of the overview illustrate the direct effect of private transfers on economic well-being. Families of all income levels and of all ages participate, albeit in different ways, in intrafamily transfers. The logit analysis of the determinants of family resource sharing suggest further the impact of age, income, and welfare recipiency. The impact of tradeoffs between public and private transfers depend on the income elasticity of private transfers and the characteristics of families participating in resource sharing. Public policy targeted at raising the incomes of a particular age group may be hampered by offsetting private transfers. [AgeLine] |
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Bibliography Citation
Moon, Marilyn. "The Role of the Family in the Economic Well-being of the Elderly." Gerontologist 23,1 (February 1983): 45-50.
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