Little is known about the living conditions of a growing number of elderly in India
who predominantly coreside with their children. Mutual sharing of responsibilities is
important in coresidency arrangements involving exchange of financial and other services
between the elderly and their coresident children. The paper focuses on health and wealth
effects of elderly coresidency arrangements. In an attempt to redress the resultant endogeneity
bias, we estimate a correlated recursive system of equations. There is evidence that the
probability of coresidence is lower for those disadvantaged older elderly who lack health, wealth
or both, thus necessitating social protection
