Social security, economic growth, and the rise in independence of elderly widows in the 20th century:
The share of elderly widows living alone rose from 18 percent in 1940 to 62 percent in 1990, while the share living with adult children declined from 59 percent to 20 percent. This study analyzes the causes of this change and finds that income growth, in particular increased Social Security benefits...
Gespeichert in:
Hauptverfasser: | , |
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Format: | Buch |
Sprache: | English |
Veröffentlicht: |
Cambridge, Mass.
1998
|
Schriftenreihe: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
6511 |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | The share of elderly widows living alone rose from 18 percent in 1940 to 62 percent in 1990, while the share living with adult children declined from 59 percent to 20 percent. This study analyzes the causes of this change and finds that income growth, in particular increased Social Security benefits, was the single most important factor causing the change in living arrangements, accounting for nearly two-thirds of the rise in the share of elderly widows living alone. Changes in benefits from the mean-tested OAA/SSI programs had a lesser impact on the decision to live alone but were a significant factor in explaining changes in the living arrangements of the poorest widows. Furthermore, contrary to recent work, the study finds no evidence that the effect of income on living arrangements became stronger over the period; income had a substantial positive effect on the propensity to live alone as early as the 1940s and 1950s. Finally, the substantial changes observed in the composition of the population with respect to age, race, immigrant status, schooling, and completed fertility, explain a relatively small share of the changes in living arrangements. |
Beschreibung: | 26 S. |
Internformat
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490 | 1 | |a National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |v 6511 | |
520 | 3 | |a The share of elderly widows living alone rose from 18 percent in 1940 to 62 percent in 1990, while the share living with adult children declined from 59 percent to 20 percent. This study analyzes the causes of this change and finds that income growth, in particular increased Social Security benefits, was the single most important factor causing the change in living arrangements, accounting for nearly two-thirds of the rise in the share of elderly widows living alone. Changes in benefits from the mean-tested OAA/SSI programs had a lesser impact on the decision to live alone but were a significant factor in explaining changes in the living arrangements of the poorest widows. Furthermore, contrary to recent work, the study finds no evidence that the effect of income on living arrangements became stronger over the period; income had a substantial positive effect on the propensity to live alone as early as the 1940s and 1950s. Finally, the substantial changes observed in the composition of the population with respect to age, race, immigrant status, schooling, and completed fertility, explain a relatively small share of the changes in living arrangements. | |
650 | 4 | |a Wirtschaft | |
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650 | 4 | |a Older women |z United States |x Economic conditions | |
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650 | 4 | |a Retirement income |z United States | |
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651 | 4 | |a USA | |
700 | 1 | |a Schoeni, Robert F. |d 1964- |e Verfasser |0 (DE-588)12884647X |4 aut | |
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indexdate | 2024-07-09T18:20:35Z |
institution | BVB |
language | English |
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series | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
series2 | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
spelling | McGarry, Kathleen Verfasser (DE-588)12499654X aut Social security, economic growth, and the rise in independence of elderly widows in the 20th century Kathleen McGarry ; Robert F. Schoeni Cambridge, Mass. 1998 26 S. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 6511 The share of elderly widows living alone rose from 18 percent in 1940 to 62 percent in 1990, while the share living with adult children declined from 59 percent to 20 percent. This study analyzes the causes of this change and finds that income growth, in particular increased Social Security benefits, was the single most important factor causing the change in living arrangements, accounting for nearly two-thirds of the rise in the share of elderly widows living alone. Changes in benefits from the mean-tested OAA/SSI programs had a lesser impact on the decision to live alone but were a significant factor in explaining changes in the living arrangements of the poorest widows. Furthermore, contrary to recent work, the study finds no evidence that the effect of income on living arrangements became stronger over the period; income had a substantial positive effect on the propensity to live alone as early as the 1940s and 1950s. Finally, the substantial changes observed in the composition of the population with respect to age, race, immigrant status, schooling, and completed fertility, explain a relatively small share of the changes in living arrangements. Wirtschaft Older women Housing United States Older women United States Economic conditions Older women United States Social conditions Retirement income United States Social security beneficiaries United States Widows Housing United States Widows United States Economic condtions Widows United States Social conditions USA Schoeni, Robert F. 1964- Verfasser (DE-588)12884647X aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 6511 (DE-604)BV002801238 6511 http://papers.nber.org/papers/w6511.pdf kostenfrei Volltext |
spellingShingle | McGarry, Kathleen Schoeni, Robert F. 1964- Social security, economic growth, and the rise in independence of elderly widows in the 20th century National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Wirtschaft Older women Housing United States Older women United States Economic conditions Older women United States Social conditions Retirement income United States Social security beneficiaries United States Widows Housing United States Widows United States Economic condtions Widows United States Social conditions |
title | Social security, economic growth, and the rise in independence of elderly widows in the 20th century |
title_auth | Social security, economic growth, and the rise in independence of elderly widows in the 20th century |
title_exact_search | Social security, economic growth, and the rise in independence of elderly widows in the 20th century |
title_full | Social security, economic growth, and the rise in independence of elderly widows in the 20th century Kathleen McGarry ; Robert F. Schoeni |
title_fullStr | Social security, economic growth, and the rise in independence of elderly widows in the 20th century Kathleen McGarry ; Robert F. Schoeni |
title_full_unstemmed | Social security, economic growth, and the rise in independence of elderly widows in the 20th century Kathleen McGarry ; Robert F. Schoeni |
title_short | Social security, economic growth, and the rise in independence of elderly widows in the 20th century |
title_sort | social security economic growth and the rise in independence of elderly widows in the 20th century |
topic | Wirtschaft Older women Housing United States Older women United States Economic conditions Older women United States Social conditions Retirement income United States Social security beneficiaries United States Widows Housing United States Widows United States Economic condtions Widows United States Social conditions |
topic_facet | Wirtschaft Older women Housing United States Older women United States Economic conditions Older women United States Social conditions Retirement income United States Social security beneficiaries United States Widows Housing United States Widows United States Economic condtions Widows United States Social conditions USA |
url | http://papers.nber.org/papers/w6511.pdf |
volume_link | (DE-604)BV002801238 |
work_keys_str_mv | AT mcgarrykathleen socialsecurityeconomicgrowthandtheriseinindependenceofelderlywidowsinthe20thcentury AT schoenirobertf socialsecurityeconomicgrowthandtheriseinindependenceofelderlywidowsinthe20thcentury |