The Relationship Between Income, Wealth and Age in Australia
This article analyses the relationship between income, wealth, wealth‐adjusted income and age in Australia using a 2009–10 crosssectional data set. The main findings are: (i) wealth and wealth‐adjusted income generally rise with age, while income is constant across the life cycle; (ii) both income i...
| Main Authors: | , |
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| Format: | Journal Article |
| Language: | English |
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Wiley-Blackwell
2019
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| Subjects: | |
| Online Access: | http://purl.org/au-research/grants/arc/DP140102571 http://hdl.handle.net/20.500.11937/84907 |
| _version_ | 1848764698359496704 |
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| author | Tapper, Alan Fenna, Alan |
| author_facet | Tapper, Alan Fenna, Alan |
| author_sort | Tapper, Alan |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | This article analyses the relationship between income, wealth, wealth‐adjusted income and age in Australia using a 2009–10 crosssectional data set. The main findings are: (i) wealth and wealth‐adjusted income generally rise with age, while income is constant across the life cycle; (ii) both income inequality and wealth inequality rise until mid‐life and fall thereafter, while wealth‐adjusted income inequality
depends on the method of calculation used, one showing a fall in later life and another showing no fall; and (iii) after income, wealth and wealth‐adjusted income inequalities are adjusted for age, underlying
inequality is lower in all three cases. |
| first_indexed | 2025-11-14T11:23:29Z |
| format | Journal Article |
| id | curtin-20.500.11937-84907 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T11:23:29Z |
| publishDate | 2019 |
| publisher | Wiley-Blackwell |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-849072021-09-16T05:28:53Z The Relationship Between Income, Wealth and Age in Australia Tapper, Alan Fenna, Alan Inequality This article analyses the relationship between income, wealth, wealth‐adjusted income and age in Australia using a 2009–10 crosssectional data set. The main findings are: (i) wealth and wealth‐adjusted income generally rise with age, while income is constant across the life cycle; (ii) both income inequality and wealth inequality rise until mid‐life and fall thereafter, while wealth‐adjusted income inequality depends on the method of calculation used, one showing a fall in later life and another showing no fall; and (iii) after income, wealth and wealth‐adjusted income inequalities are adjusted for age, underlying inequality is lower in all three cases. 2019 Journal Article http://hdl.handle.net/20.500.11937/84907 10.1111/1467-8462.12326 English http://purl.org/au-research/grants/arc/DP140102571 Wiley-Blackwell fulltext |
| spellingShingle | Inequality Tapper, Alan Fenna, Alan The Relationship Between Income, Wealth and Age in Australia |
| title | The Relationship Between Income, Wealth and Age in Australia |
| title_full | The Relationship Between Income, Wealth and Age in Australia |
| title_fullStr | The Relationship Between Income, Wealth and Age in Australia |
| title_full_unstemmed | The Relationship Between Income, Wealth and Age in Australia |
| title_short | The Relationship Between Income, Wealth and Age in Australia |
| title_sort | relationship between income, wealth and age in australia |
| topic | Inequality |
| url | http://purl.org/au-research/grants/arc/DP140102571 http://hdl.handle.net/20.500.11937/84907 |