The Economic Well-Being of the Elderly: A Dominance Approach
AbstractRecent advances in the evaluation of the economic well-being are applied to assess the status of elderly Americans in the 1980s and 1990s. Micro data for the elderly and nonelderly populations are analyzed using stochastic dominance. A distinguishing feature of the research is that it goes beyond simple summary statistics and tests hypotheses concerning the economic well-being of the elderly. We find that summary measures of well-being applied to the elderly are often deceiving; very similar means mask important differences in the entire distributions. Elderly incomes are smaller than the nonelderly in the middle income levels and larger at the top and bottom of the income scale. Using the dominance method to evaluate economic well-being suggests that the elderly now enjoy a higher level of economic well-being than the nonelderly.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by East Carolina University, Department of Economics in its series Working Papers with number 9725.
Date of creation:
Date of revision:
Note: For a copy of the paper, e-mail: email@example.com
Contact details of provider:
Postal: Brewster A-427, 10th Street, Greenville, NC 27858
Phone: (252) 328-6006
Fax: (252) 328-6743
Web page: http://www.econ.ecu.edu/wp/
More information through EDIRC
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Krichel).
If references are entirely missing, you can add them using this form.