Tag: HRS

Smiling young women sitting outdoors

Pattern is steady across education levels but varies dramatically by race. As I discussed earlier this year, people are often interested in studying the saving behavior of women.  I have generally resisted this approach because women have traditionally lived in households where the couple makes decisions jointly.  In that world, the main distinction is between…

elderly man inserting credit card to ATM

Abstract Official estimates of elderly poverty do not take into account either the medical needs of the elderly, which can be quite extensive, or the assets at their disposal, which may also be extensive.  The new Supplemental Poverty Measure (SPM) explicitly takes into account medical needs but has been criticized for not concomitantly taking into…