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1 Fifth Edition Fifth Edition Economics A Contemporary Introduction William A. McEachern Income Distribution and Poverty Fifth Edition Fifth Edition Economics.

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Presentation on theme: "1 Fifth Edition Fifth Edition Economics A Contemporary Introduction William A. McEachern Income Distribution and Poverty Fifth Edition Fifth Edition Economics."— Presentation transcript:

1 1 Fifth Edition Fifth Edition Economics A Contemporary Introduction William A. McEachern Income Distribution and Poverty Fifth Edition Fifth Edition Economics A Contemporary Introduction William A. McEachern Income Distribution and Poverty

2 2 Exhibit 1: Share of Aggregate Household Income by Quintile: 1967, 1977, 1987, and 1997 Source: U.S. Bureau of the Census, March Current Population Survey.

3 3 Income Distribution and Poverty Exhibit 2: Number and Percent of U.S. Population in Poverty: 1959–1997

4 4 Income Distribution and Poverty Exhibit 3: Poverty Rates by Age: 1959–1997 Source: Census Bureau, March. Current: Population Survey: http://www.census.gov/hhes/poverty/poverty97/povage97.html

5 5 Income Distribution and Poverty Exhibit 4: Percentage of U.S. Families in Poverty by Type of Household Developed from data found in U.S. Bureau of the Census Home Page, Income and Poverty, Table 4, 12998, at http://www.census.gov/hhes/poverty/histpov/hstpov4.html

6 6 Income Distribution and Poverty Exhibit 5: Welfare Recipients Since 1960 as Percentage of U.S. Population by Year Source: U.S. Department of Health and Human Services, August 1998, at http://acf.dfhhs.gov/news/6097rf.htm. Figure for 1998 is as of June 1998.


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