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Related Experiment Videos

Retirement migration and interstate income transfers.

C F Longino1, W H Crown

  • 1Center on Adult Development and Aging, University of Miami, Coral Gables, FL 33124.

The Gerontologist
|December 1, 1990
PubMed
Summary

Elderly migration significantly impacts state economies through income transfers. Billions of dollars move between states annually, with some states gaining and others losing revenue.

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Area of Science:

  • Economics
  • Demography
  • Public Policy

Background:

  • Policymakers, planners, and researchers are concerned about the economic effects of elderly migration.
  • Understanding income transfers between states is crucial for economic analysis.

Purpose of the Study:

  • To examine the economic impact of elderly migration, specifically focusing on interstate income transfers.
  • To estimate the consumption patterns of migrant households and their effect on state economies.

Main Methods:

  • Utilized 1980 census microdata files to analyze income transfers.
  • Employed the 1980/1981 Consumer Expenditure Interview Survey to model migrant household consumption.

Main Results:

  • Identified billions of dollars in annual income transfers between U.S. states.
  • Determined that certain states, notably Florida, experience significant gains, while others incur losses due to elderly migration.

Conclusions:

  • Elderly migration patterns result in substantial interstate income redistribution.
  • These income flows have direct implications for state economic development strategies and fiscal planning.

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