The Living Arrangement Dynamics of Sick, Elderly Individuals
利用收入动态面板研究的父母健康补充数据，构建患病老年人完整的居住安排历史，分析人口特征、健康和财富对居住决策的影响，发现当前居住安排和居住时长是未来居住安排的重要预测因素。
Abstract We model the dynamics associated with living-arrangement decisions of sick elderly individuals. Using the Panel Study of Income Dynamics' Parental Health Supplement, we construct the complete living-arrangement histories of elderly individuals in need of care. We use a simultaneous random-effects competing-risks model to analyze the impact of demographic characteristics, health, and wealth on the living-arrangement decisions of sick elderly individuals while taking into account state and duration dependence as well as unobserved heterogeneity. We find that the sick elderly individual's current living arrangement as well as the time spent in that living arrangement serve as important predictors of future living-arrangements.