Poverty and Aging
Joseph Marchand () and
Chapter Chapter 15 in Handbook of the Economics of Population Aging, 2016, pp 905-950 from Elsevier
This chapter explores the relationship between poverty and aging, in terms of its measurement and trends, as well as its alleviation, with particular attention to the most vulnerable individuals at each end of the age distribution. The measurement addresses both the definition of poverty and its aggregation over various age groups. The trends highlight a significant reduction in poverty among the elderly and a gradual increase in poverty among children and working age individuals, both in the United from dependence as a child to independence as a young adult, from being 50 years. Two important secular changes are also detected: a college spike and a retirement dip in poverty across the age distribution. The alleviation of poverty is then attributed to working in the labor market and to social expenditure and its associated policies, which have been especially effective for the elderly. A summary and a discussion follow that set forth an agenda for further research and policy.
Keywords: Aging; Children; Distribution; Elderly; Income; Labor market; Poverty; Public policy; Retirement; Social expenditure; D3; D6; H5; I3; J1; J2; J3 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
Working Paper: Poverty and Aging (2016)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:hapoch:v1_905
Access Statistics for this chapter
More chapters in Handbook of the Economics of Population Aging from Elsevier
Bibliographic data for series maintained by Nithya Sathishkumar ().