Osberg, Lars - Center for the Study of Living Standards (CSLS)
poverty line measured as one-half median equivalent income after taxes and transfers, for households headed by a person 65 or … over fell from 28.4 per cent in 1973 to 5.4 per cent in 1997, while the poverty gap or income shortfall below the poverty … tax and transfer income are much higher and show no downward trend. Osberg attributes the difference between the before …