Premium
Combining Income and Wealth: An Analysis of Farm Family “Well‐Being”
Author(s) -
Carlin Thomas A.,
Reinsel Edward I.
Publication year - 1973
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1238659
Subject(s) - equity (law) , distribution (mathematics) , economics , income distribution , business , wealth distribution , labour economics , demographic economics , inequality , political science , mathematics , mathematical analysis , law
Personal distribution of well‐being of farm families relative to all U. S. families is substantially improved when wealth is considered along with money income. The “live poor and die rich” paradox facing older farm families could often be overcome by providing an easier means whereby they could use up equity in family living.