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What was the main conclusion of the study of Hermann et al. (2007) ?
Elderly
Individuals, typically of an advanced age, often defined as those who are 65 years or older, representing a specific demographic group within society.
Gini Coefficient
A measure of income inequality within a population, ranging from 0 (perfect equality) to 1 (perfect inequality).
Lorenz Curve
A graphical representation used to show the distribution of income or wealth within a society, depicting the proportion of total income earned by various segments of the population.
Income Inequality
The unequal distribution of household or individual income across the various participants in an economy.
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