Economic Position of Farm Families When Money Income and Net Worth Are Combined

Farm families have historically had lower money incomes and a less equal distribution of money income than nonfarm families. However, when net worth was included in a measure of economic well-being for farm families, the median level increased and inequality in the distribution decreased. The distribution of well-being of U.S. farm families in 1966 closely approximated that of all U.S. families when the broader well-being measure was used.


Issue Date:
1973-07
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/147149
Published in:
Agricultural Economics Research, Volume 25, Number 3
Page range:
61-70
Total Pages:
11




 Record created 2017-04-01, last modified 2017-08-27

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