Poverty is generally defined as income or expenditure insufficiency, but the economic condition of a household also depends on its real and financial asset holdings. This paper investigates measures of poverty that rely on indicators of household net worth. We review and assess two main...

Poverty is generally defined as income or expenditure insufficiency, but the economic condition of a household also depends on its real and financial asset holdings. This paper investigates measures of poverty that rely on indicators of household net worth. We review and assess two main...

Tony Atkinson is universally celebrated for his outstanding contributions to the measurement and analysis of inequality, but he never saw the study of inequality as a separate branch of economics. He was an economist in the classical sense, rejecting any sub-field labelling of his interests and...

The multidimensional view of human well-being has a growing influence on research on inequality and poverty. This development owes much to the conceptualisation of the “capability approach” by Sen (1985, 1987), but the shift has not been confined to academic circles and has extended to...

This paper compares levels and trends in income inequality in industrialized nations. In the mid-1990s, the United States had the highest overall level of inequality of any rich OECD nation, while Northern and Central European countries had the lowest levels. Using a variety of national sources,...

This paper provides a first glance at the role of income and wealth in comparing economic security of older persons in the United States in cross-national perspective. We compare our elders to those in six other rich OECD countries (Canada, Finland, Germany, Italy, Sweden, and the United...