Net worth and financial assets of age groups in 1984
Researchers have examined the economic status of the aged and other age groups using income data. However, wealth is also a very significant aspect of economic well-being. In a study using the 1984 Survey of Income and Program Participation, one of the most important findings is the substantial disp...
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| Veröffentlicht in: | Social security bulletin 1989-03, Vol.52 (3), p.2-15 |
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| description | Researchers have examined the economic status of the aged and other age groups using income data. However, wealth is also a very significant aspect of economic well-being. In a study using the 1984 Survey of Income and Program Participation, one of the most important findings is the substantial dispersion in amounts of wealth present in the wealth distribution as a whole, within the aged group, and within age and marital status subgroups of the aged. Although wealth is correlated with income, substantial dispersion is found in amounts of wealth within income and age groups. Many aged households have little or no wealth. The results of the study indicate that looking only at income does not capture a major portion of the effect of wealth on economic status. To gain a comprehensive picture of economic status, it is necessary to examine both income and wealth. |
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However, wealth is also a very significant aspect of economic well-being. In a study using the 1984 Survey of Income and Program Participation, one of the most important findings is the substantial dispersion in amounts of wealth present in the wealth distribution as a whole, within the aged group, and within age and marital status subgroups of the aged. Although wealth is correlated with income, substantial dispersion is found in amounts of wealth within income and age groups. Many aged households have little or no wealth. The results of the study indicate that looking only at income does not capture a major portion of the effect of wealth on economic status. To gain a comprehensive picture of economic status, it is necessary to examine both income and wealth.</description><identifier>ISSN: 0037-7910</identifier><identifier>EISSN: 1937-4666</identifier><identifier>PMID: 2711292</identifier><identifier>CODEN: SSYBA7</identifier><language>eng</language><publisher>United States: Social Security Administration</publisher><subject>Adult ; Age Factors ; Age groups ; Aged ; Assets ; Economic aspects ; Economic conditions ; Economics ; Equity ; Households ; Humans ; Income ; Marital status ; Marriage ; Middle Aged ; Old age ; Older people ; Personal finance ; Poverty ; Ratios ; Statistical data ; United States ; Wealth ; Wealth distribution</subject><ispartof>Social security bulletin, 1989-03, Vol.52 (3), p.2-15</ispartof><rights>COPYRIGHT 1989 Social Security Administration</rights><rights>Copyright Superintendent of Documents Mar 1989</rights><woscitedreferencessubscribed>false</woscitedreferencessubscribed></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>314,776,780,27842,27846</link.rule.ids><backlink>$$Uhttps://www.ncbi.nlm.nih.gov/pubmed/2711292$$D View this record in MEDLINE/PubMed$$Hfree_for_read</backlink></links><search><creatorcontrib>Radner, D B</creatorcontrib><title>Net worth and financial assets of age groups in 1984</title><title>Social security bulletin</title><addtitle>Soc Secur Bull</addtitle><description>Researchers have examined the economic status of the aged and other age groups using income data. However, wealth is also a very significant aspect of economic well-being. In a study using the 1984 Survey of Income and Program Participation, one of the most important findings is the substantial dispersion in amounts of wealth present in the wealth distribution as a whole, within the aged group, and within age and marital status subgroups of the aged. Although wealth is correlated with income, substantial dispersion is found in amounts of wealth within income and age groups. Many aged households have little or no wealth. The results of the study indicate that looking only at income does not capture a major portion of the effect of wealth on economic status. To gain a comprehensive picture of economic status, it is necessary to examine both income and wealth.</description><subject>Adult</subject><subject>Age Factors</subject><subject>Age groups</subject><subject>Aged</subject><subject>Assets</subject><subject>Economic aspects</subject><subject>Economic conditions</subject><subject>Economics</subject><subject>Equity</subject><subject>Households</subject><subject>Humans</subject><subject>Income</subject><subject>Marital status</subject><subject>Marriage</subject><subject>Middle Aged</subject><subject>Old age</subject><subject>Older people</subject><subject>Personal finance</subject><subject>Poverty</subject><subject>Ratios</subject><subject>Statistical data</subject><subject>United States</subject><subject>Wealth</subject><subject>Wealth 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However, wealth is also a very significant aspect of economic well-being. In a study using the 1984 Survey of Income and Program Participation, one of the most important findings is the substantial dispersion in amounts of wealth present in the wealth distribution as a whole, within the aged group, and within age and marital status subgroups of the aged. Although wealth is correlated with income, substantial dispersion is found in amounts of wealth within income and age groups. Many aged households have little or no wealth. The results of the study indicate that looking only at income does not capture a major portion of the effect of wealth on economic status. To gain a comprehensive picture of economic status, it is necessary to examine both income and wealth.</abstract><cop>United States</cop><pub>Social Security Administration</pub><pmid>2711292</pmid><tpages>14</tpages></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 0037-7910 |
| ispartof | Social security bulletin, 1989-03, Vol.52 (3), p.2-15 |
| issn | 0037-7910 1937-4666 |
| language | eng |
| recordid | cdi_proquest_miscellaneous_78922635 |
| source | MEDLINE; PAIS Index; Alma/SFX Local Collection; Periodicals Index Online |
| subjects | Adult Age Factors Age groups Aged Assets Economic aspects Economic conditions Economics Equity Households Humans Income Marital status Marriage Middle Aged Old age Older people Personal finance Poverty Ratios Statistical data United States Wealth Wealth distribution |
| title | Net worth and financial assets of age groups in 1984 |
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