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We investigate age-specific mortality in Britain and the United States since 1950. Neither trends in income nor in income inequality provide plausible explanations. Britain and the US had different patterns of income growth but similar patterns of mortality decline. Patterns of income inequality...
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We show that standard models of intertemporal choice, including the permanent income hypothesis, imply that for any given cohort of people born at the same time, inequality in both consumption and income will grow with age. At any given date, each individual's consumption depends on the integral...
Persistent link: https://www.econbiz.de/10005718924
Poverty counts are counts of individuals in poverty but are calculated from household or family data on income or expenditure. The transition from one to the other requires assumptions about intrahousehold allocation, about differences in needs across different people, and about the extent of...
Persistent link: https://www.econbiz.de/10005720764
This paper is broadly concerned with the living standards of older people in two contrasting developing countries, Cote d'Ivoire and Thailand. We use a series of household surveys from these two countries to present evidence on factors affecting the living standards of the elderly: living...
Persistent link: https://www.econbiz.de/10005777664
People whose family income was less than $5,000 in 1980 could expect to live about 25 percent fewer years than people whose family income was greater than $50,000. We explore this finding using both individual data and a panel of aggregate birth cohorts observed from 1975 to 1995. We assume that...
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