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Aging and assets: Three essays.

Syracuse University.

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Aging and assets: Three essays.

Record Type:	Electronic resources : Monograph/item
Title/Author:	Aging and assets: Three essays./
Author:	Marchand, Joseph T.
Description:	144 p.
Notes:	Source: Dissertation Abstracts International, Volume: 68-09, Section: A, page: 3986.
Contained By:	Dissertation Abstracts International68-09A.
Subject:	Economics, Finance. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoeng/servlet/advanced?query=3281765
ISBN:	9780549232902

Aging and assets: Three essays.
Marchand, Joseph T.

Aging and assets: Three essays. - 144 p.

Source: Dissertation Abstracts International, Volume: 68-09, Section: A, page: 3986.

Thesis (Ph.D.)--Syracuse University, 2007.

This dissertation is composed of three interrelated essays which examine the household assets of older adults through the process of aging. As individuals age, they accumulate assets for the purpose of future consumption. However, as each of the following three essays will show, this is not the only systematic relationship that arises between aging and assets. As cohorts of individuals age, the asset inequality within each cohort will also grow as individual risk is transmitted into greater overall variance (Essay 1). In addition, a reduction of risk-sharing within an aging cohort will cause a further growth in their asset inequality (Essay 2). Moreover, while primary home equity increases with age and serves as the largest household asset, it is not being used for consumption purposes until late within the retirement period (Essay 3). All of the essays share a common theme that the process of aging is far more important to understanding the dynamics of household assets than initially thought. (Abstract shortened by UMI.)

ISBN: 9780549232902Subjects--Topical Terms:

626650
Economics, Finance.

Aging and assets: Three essays.
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100 1 $a Marchand, Joseph T. $3 1030941
245 1 0 $a Aging and assets: Three essays.
300 $a 144 p.
500 $a Source: Dissertation Abstracts International, Volume: 68-09, Section: A, page: 3986.
502 $a Thesis (Ph.D.)--Syracuse University, 2007.
520 $a This dissertation is composed of three interrelated essays which examine the household assets of older adults through the process of aging. As individuals age, they accumulate assets for the purpose of future consumption. However, as each of the following three essays will show, this is not the only systematic relationship that arises between aging and assets. As cohorts of individuals age, the asset inequality within each cohort will also grow as individual risk is transmitted into greater overall variance (Essay 1). In addition, a reduction of risk-sharing within an aging cohort will cause a further growth in their asset inequality (Essay 2). Moreover, while primary home equity increases with age and serves as the largest household asset, it is not being used for consumption purposes until late within the retirement period (Essay 3). All of the essays share a common theme that the process of aging is far more important to understanding the dynamics of household assets than initially thought. (Abstract shortened by UMI.)
590 $a School code: 0659.
650 4 $a Economics, Finance. $3 626650
650 4 $a Economics, General. $3 1017424
650 4 $a Economics, Labor. $3 1019135
650 4 $a Economics, Theory. $3 1017575
650 4 $a Gerontology. $3 533633
690 $a 0351
690 $a 0501
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710 2 $a Syracuse University. $3 1017440
773 0 $t Dissertation Abstracts International $g 68-09A.
790 $a 0659
791 $a Ph.D.
792 $a 2007
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoeng/servlet/advanced?query=3281765