ERIC Number: EJ720185
Record Type: Journal
Publication Date: 2004
Reference Count: N/A
Life Cycle Theory and the Residential Mobility of Older Canadians
Canadian Journal on Aging, v23 suppl 1 ps23-s37 2004
This paper outlines a debate in the economics literature about the role of housing wealth in post-retirement consumption choices and provides a description of the patterns of the residential mobility, tenure, and dwelling-type transitions of older Canadians, using the newly available Statistics Canada Survey of Labour and Income Dynamics (SLID). The paper also presents estimation results for a panel data model that accounts for individual heterogeneity. The patterns of residential mobility of older adults in Canada appear to be similar to those in the United States and some European countries and do not seem to be motivated by the desire to use housing wealth for general consumption.
Descriptors: Foreign Countries, Housing, Older Adults, Surveys, Statistical Data, Economic Factors, Ownership, Aging (Individuals), Migration Patterns
University of Toronto Press, 5201 Dufferin Street, North York, Ontario, M3H 5T8, Canada. Tel: 416-667-7838; Fax: 416-667-7881.
Publication Type: Information Analyses; Journal Articles
Education Level: N/A
Authoring Institution: N/A
Identifiers - Location: Canada