Barczyk, Daniel; Fahle, Sean; Kredler, Matthias - 2021
Housing and family are prominent aspects of old age, but how they shape the elderly's savings, spending, and inter …-generational transfer behavior remains elusive. We develop a dynamic, non-cooperative model of the family with an illiquid housing asset and … joint bargaining between elderly parents and their children over the homeownership and care arrangements of the parents. The …