Work

Economic Well-Being at Older Ages: Income- and Consumption-Based Poverty Measures in the HRS

Year: 2007

Type: book

Abstract: Finds that the poverty rate based on consumption is lower than the income-based poverty rate, particularly for older single persons such as widows. The explanation for the difference is the ability to consume out of wealth.

Source: RAND Corporation eBooks

DOI: 10.7249/wr410

Authors: Michael Hurd, Susann Rohwedder

Institutions: RAND Corporation, National Bureau of Economic Research

Language: English

Topic: Income, Poverty, and Inequality

Subfield: Sociology and Political Science

Field: Social Sciences

Domain: Social Sciences

SDGs: No poverty, Reduced inequalities

Open Access status: bronze

Funders: U.S. Social Security Administration, Australian Government

OpenAlex ID: W3122670962

FWCI: 1.351

Cites: 25

Cited by: 8

Related to: 10