Great strides have been made in reducing poverty amongst the elderly in most rich countries over the past forty years. But pensioner poverty has not been eradicated, especially in the English-speaking nations. Poverty rates amongst older women are much higher than those for older men and much...

Empirical studies of inequality and poverty are usually based on disposable cash incomes, disregarding incomes in-kind (non-cash incomes). Since individuals also derive utility from the consumption of goods and services provided in-kind monetary income is not always a good indicator of an...