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We apply the collective consumption model of Browning, Chiappori and Lewbel (2006) to analyse economic well-being and poverty among the elderly. The model focuses on individual preferences, a consumption technology that captures the economies of scale of living in a couple, and a sharing rule...
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The question that this paper addresses is whether or not parents are altruistic towards their children. A new approach will be introduced, where the life satisfaction data of parents will be regressed onto the living conditions of their children who now live independently. After controlling for...
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1. Theoretical Framework -- 2. Research Design -- 3. Prevalence of Economic Vulnerability among Swiss Pensioners -- 4. The Self-Assessed Measure of Economic Vulnerability -- 5. The Perceived Measure of Economic Vulnerability -- 6. Discussion and Conclusion.
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