Economic profiles and health expenditure behavior in households with older adults

This article estimates non-parametric models for the economic and health expenditure behavior of families with older adults in Mexico. Using information from the 2016 Household Income and Expenditure Survey, household consumption patterns are described in conjunction with the age of the head of hous...

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Detalles Bibliográficos
Autor: Ceballos Mina, Owen Eli
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2019
País:México
Institución:EL COLEGIO DE MÉXICO
Repositorio:Estudios Demográficos y Urbanos
Idioma:español
OAI Identifier:oai:oai.estudiosdemograficosyurbanos.colmex.mx:article/1643
Acceso en línea:https://estudiosdemograficosyurbanos.colmex.mx/index.php/edu/article/view/1643
Access Level:acceso abierto
Palabra clave:older adults
homes
consumption
health spending
adultos mayores
hogares
consumo
gasto en salud
Descripción
Sumario:This article estimates non-parametric models for the economic and health expenditure behavior of families with older adults in Mexico. Using information from the 2016 Household Income and Expenditure Survey, household consumption patterns are described in conjunction with the age of the head of household as a representation of the family life course. The results show that the presence of the older adult population in households is linked to an approximately 50% increase in health spending and the corresponding financing through the increase in monetary savings flows throughout the life cycle. Evidence is also provided of the importance of social security in reducing the volatility of health spending during the advanced stages of the life course.