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Elderly poverty alleviation through living with family
Abstract We estimate here the extent of United States elderly poverty alleviation through living with family. These estimates are motivated by public-policy concern about the well-being of the elderly, and by the relevance of the process for fertility under the old-age-security hypothesis. An inter-temporal poverty-measurement model is estimated with 1984 Survey of Income and Program Participation income and wealth data. Without extended-family co-residence, and assuming no bequests, poverty rates would increase 42% over observed rates. Female elderly account for almost all the alleviated poverty. As a population, their impoverishment with age is effectively prevented by co-residence. Proportionately more black than white elderly are beneficiaries of poverty alleviation through living with family, but white elderly are more likely to be beneficiaries if at risk.
Elderly poverty alleviation through living with family
Abstract We estimate here the extent of United States elderly poverty alleviation through living with family. These estimates are motivated by public-policy concern about the well-being of the elderly, and by the relevance of the process for fertility under the old-age-security hypothesis. An inter-temporal poverty-measurement model is estimated with 1984 Survey of Income and Program Participation income and wealth data. Without extended-family co-residence, and assuming no bequests, poverty rates would increase 42% over observed rates. Female elderly account for almost all the alleviated poverty. As a population, their impoverishment with age is effectively prevented by co-residence. Proportionately more black than white elderly are beneficiaries of poverty alleviation through living with family, but white elderly are more likely to be beneficiaries if at risk.
Elderly poverty alleviation through living with family
Rendall, Michael S. (author) / Speare, Alden (author)
1995
Article (Journal)
English
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