Marchand, Joseph; Fisher, Johathan; Johnson, David; … - Department of Economics, University of Alberta - 2009
consumption of older Americans. Results: The poverty rate is cut in fourth if both income and consumption are used to define … poverty. Those most likely to be poor using a combined measure over both income and consumption are women, widows, blacks, and … renters. The income poor alone display sufficient assets to raise consumption above poverty thresholds, while the consumption …