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El-Osta, Hisham S.; Morehart, Mitchell J.. |
This paper examines the role of the life cycle in impacting the distribution of a combined income and wealth measure using data from the 2001 and 2006 Agricultural Resource Management Survey. Such an assessment is made using both graphical representation of the distribution of the well-being measure along with utilization of the social welfare decomposition procedure. Results show a mild yet statistically insignificant improvement in the distribution of the economic measure over the five-year period. Contribution to social welfare is found highest among the cohort where the age of the head of household is between 45 and 54 years. Targeted programs are found to enhance social welfare if they are aimed towards cohorts where the age of the head of household... |
Tipo: Journal Article |
Palavras-chave: ARMS; Economic well-being; Gini coefficient; Lorenz curve; Welfare decomposition; Consumer/Household Economics. |
Ano: 2009 |
URL: http://purl.umn.edu/55705 |
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