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November, 2000, Vol. 123, No. 11
Rose M. Rubin and Shelley I. White-Means,
Professors of Economics, Fogelman College of Business and
Economics, University of Memphis, Memphis, Tennessee.
Luojia Mao Daniel
Doctoral Candidate in Economics, Fogelman College of Business and
Economics, University of Memphis, Memphis, Tennessee.
Although remaining concentrated in lower income groups, elderly households achieved significantly greater equality of income distribution between 1967 and 1997; the gap with the income distribution of nonelderly households narrowed
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