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This paper quantifies the economic well-being of different age groups and the extent of their reliance on incomes from public and private sources. The aim is to establish how social benefits, and the taxes needed to finance them, affect income levels and disparities across different age groups....
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include wealth as well as income. Their study of asset poverty in the United States between 1984 and 1999 focuses on the lower … end of the wealth distribution and shows that asset poverty rates did not decline during the period studied, and that the …Economic growth and a rising stock market in the 1990s gave the impression that everyone was accumulating wealth and …
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