This paper examines the consequences of social security reform for the inequality of consumption across individuals. The idea is that inequality is at least in part the result of individual risk in earnings or asset returns, the effects of which accumulate over time to increase inequality within...

This paper examines the consequences of social security reform for the inequality of consumption across individuals. The idea is that inequality is at least in part the result of individual risk in earnings or asset returns, the effects of which accumulate over time to increase inequality within...

This paper is concerned with the measurement of the relative poverty of people in different age groups in developing countries. In many instances it is useful to know, for example, whether a higher fraction of children are in poverty than are adults. However, it is difficult to make even simple...