Inequality and people older than 60 years in the city of Armenia, Quindío

Abstract

By the exploratory and focalized characteristics of the investigation “Living conditions of the old age people of the city of Armenia”, the inequality was measured from income and economic support of these old age people to their homes and the changes in consumption, as variables of approximation to inequality with the limitations that it imposes.  According with works of the Economic Commission for Latin America (CEPAL), the contribution of people older than 60 years to the economic sustainability of their homes is considerable, from almost 50% hereinafter and for homes located in the borders of poverty and extreme poverty. The economic contribution, having in mind that the home´s income are greater, decreases the high economic contribution of the household head, but it tends to increase the average intakes in an important manner. This sets up some familiar arrangements of direct economic co-responsibilities between senior members and members younger than 60 years old.  When it comes to consumptions, in terms of income, it results a lot more sensitive to understand the economic behavior of homes, from which is observable three independent categories of No poverty, Poverty and Extreme Poverty, already analyzed (Giraldo, Fernández and De la Rosa, 2008), and that have showed consistent results, but in this specific case not as precise as now.