In this article, I extend the analysis of head-count measures of income and consumption poverty to all currently available microdata. Along with standard measures, I implement a relative poverty indicator using the well-being of working age families as a benchmark. I find that poverty among elderly families decreased sharply through the 1970s and 1980s. In the 1990s, relative measures of income poverty increased because non-elderly incomes have risen more quickly than elderly incomes. Since the 1980s, a sharp spike in income poverty has emerged between the ages of 55 and 64, with no counterpart in the consumption data.
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Volume (Year): 34 (2008) Issue (Month): s1 (November) Pages: 79-94 Download reference. The following formats are available: HTML
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Handle: RePEc:cpp:issued:v:34:y:2008:i:s1:p:79-94
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