Centre for Policy on Ageing



Perceived income adequacy among older adults — issues of conceptualization and measurement, with analysis of data
Author(s)	Lawrence E Hazelrigg, Melissa A Hardy
Journal title	Research on Aging, vol 19, no 1, March 1997
Pages	pp 69-107
Keywords	Income [older people] ; Economic status [elderly] ; Poverty ; Well being ; Measurement ; Evaluation.
Annotation	This article develops a conceptual mapping of processes involved in judgments in income adequacy, and then tests a number of derived hypotheses with data from a probability sample of older adults. Results indicate that relative standing, as well as health status, household size, and level of income have independent effects on judgments of income adequacy; that income is endogenous to the judgment process; that effects of demographic variables and labour supply are sensitive to that endogeneity; and that as older adults age, they tend to discount needs relative to available income. Even under conditions of poverty, there is a strong bias toward positive judgments of adequacy.
Accession Number	CPA-971113209 A
Classmark	JF: F:W: W6: D:F:5HH: 3R: 4C
Data © Centre for Policy on Ageing

...from the Ageinfo database published by Centre for Policy on Ageing.