Family resources may play an important role in the wellbeing of the elderly. In this paper, we examine the association between living arrangements and cognitive decline among people over 65 in nine European countries under the hypothesis that living with others (i.e. spouse or/and children)...

Individual cognitive functioning declines over time. We seek to understand how adverse physical health shocks in older ages contribute to this development. By use of event-study methods and data from the USA, England and several countries in Continental Europe we find evidence that health shocks...