Abstract:
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.
Canadian Public Policy is edited by James B. Davies
More articles in Canadian Public Policy from University of Toronto Press Address: University of Toronto Press Journals Division 5201 Dufferin Street Toronto, Ontario, Canada M3H 5T8 Series data maintained by Prof. Werner Antweiler ().
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