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Related Experiment Videos

Poverty dynamics in widowhood.

J Bound1, G J Duncan, D S Laren

  • 1Population Studies Center, University of Michigan.

Journal of Gerontology
|May 1, 1991
PubMed
Summary
This summary is machine-generated.

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Widowhood significantly impacts financial well-being, reducing living standards by 18% and increasing poverty rates. However, family income during widowhood shows instability, allowing some individuals to exit poverty.

Area of Science:

  • Social Gerontology
  • Economics
  • Sociology

Background:

  • Widowhood is a significant life event with profound socioeconomic consequences for women.
  • Poverty is a critical concern for older adults, particularly widows.

Purpose of the Study:

  • To investigate the relationship between widowhood and poverty using national data.
  • To quantify the economic impact of widowhood on women's living standards.

Main Methods:

  • Analysis of a national sample of widows of all ages.
  • Examination of changes in income and poverty status before and after widowhood.

Main Results:

  • Widowhood leads to an average 18% decrease in living standards.
  • Approximately 10% of women fall into poverty post-widowhood.

Related Experiment Videos

  • Pre-widowhood economic status is the primary determinant of post-widowhood economic status.
  • Family income during widowhood is unstable, with notable exits from poverty.

    • Conclusions:

    • Widowhood poses a substantial economic risk, particularly concerning poverty.
    • While widowhood can precipitate poverty, income dynamics during this period offer potential pathways out of poverty.
    • Understanding pre-widowhood economic status is crucial for predicting and mitigating post-widowhood financial hardship.