Existing empirical schemas of class structure do not specify the capitalist class in an adequate manner. We propose a schema in which the specification of capitalist households is based on wealth thresholds. Individuals in non-capitalist households are assigned class locations based on their...

We examine the economic well-being of the elderly, using the Levy Institute Measure of EconomicWell-Being (LIMEW). The LIMEW is a comprehensive measure that incorporates broader definitions of income, from wealth, government expenditures, and taxes, than standard income and also includes the...

Standard official measures of household economic well-being in several countries are based on money income. The general consensus is that such measures are limited because they ignore certain crucial determinants of well-being. We examine two such determinants--household wealth and public...