Wolff, Edward Nathan; Zacharias, Ajit - In: Journal of Income Distribution 18 (2009) 1, pp. 146-179
LIMEW is a comprehensive measure that incorporates broader definitions of income, from wealth, government expenditures, and … taxes, than standard income and also includes the value of household production. We find that the elderly are much better … off relative to the non-elderly according to the LIMEW than according to the money income or the Census Bureau’s “Extended …