Income-only and income-net worth measures of elderly economic well-being are derived from a single public-welfare-function-optimizing model of household production and intertemporal resource allocation. These measures are estimated with data on U.S. elderly in 1984 from the Survey of Income and...

We estimate here the extent of United States elderly poverty alleviation through living with family. These estimates are motivated by public-policy concern about the well-being of the elderly, and by the relevance of the process for fertility under the old-age-security hypothesis. An...