Does "empowerment" come hand-in-hand with higher economic welfare? In theory, higher income is likely to raise both … welfare. The individual income effect is primarily direct, rather than through higher household income. There are diminishing … returns to income, though income inequality emerges as only a minor factor reducing either aggregate power or welfare. At …

April 1999 - As conventionally measured, current household income relative to a poverty line can only partially explain … consumption, current unemployment, risk of unemployment, health status, education, and relative income in the area of residence … adults with higher family income per equivalent adult are less likely to place themselves on the lowest rungs of the …