Wolff, Edward, and Ajit Zacharia (2007). "A New Look at the Economic Well-Being of the Elderly in the United States, 1989-2001" Paper presented at the 4th annual conference of the HDCA, 18-20 September 2007, New York, USA.

We examine the economic well-being of the elderly, using the Levy Institute Measure of Economic Well-Being (LIMEW).We find that the elderly are much better off, relative to the nonelderly, according to our broader measure of economic well-being than by conventional income measures, gross money income and the Census Bureau’s “extended income” concept.