Centre for Policy on Ageing
 

 

The myth of the woopie?
 — incomes, the elderly, and targeting welfare
Author(s)Jane Falkingham, Christina Victor
Journal titleAgeing and Society, vol 11, part 4, December 1991
Pagespp 471-493
KeywordsEconomic status [elderly] ; Income [older people] ; Evaluation ; Social security benefits.
AnnotationThe idea of a new group of Woopies (well off older persons) has been used as justification for debate about the introduction of means-testing for certain benefits directed at the older population group in the United Kingdom. This paper challenges that view. It traces the evolution of the Woopie using published data and then examines the socio-economic characteristics of such a group. In a series of logit estimates to determine what factors are of importance in determining 'Woopie status', unsurprisingly receipt of income from assets and from an occupation pension are the most significant variables. Finally the scope for policy changes is examined. (KJ).
Accession NumberCPA-920514009 A
ClassmarkF:W: JF: 4C: JH

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