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Which pensioners don't spend their income and why?
— a report of research carried out by the University of York on behalf of the Department for Work and Pensions | | Author(s) | Naomi Finch, Peter A Kemp |
| Corporate Author | Social Policy Research Unit - SPRU, University of York; Department for Work and Pensions - DWP |
| Publisher | Corporate Document Services, Leeds, 2006 |
| Pages | 116 pp (Department for Work and Pensions Research report, no 334) |
| Source | Corporate Document Services, 7 Eastgate, Leeds LS2 7EY. E-mail: orderline@cds.co.uk Website: www.cds.co.uk Download from DWP website: http://www.dwp.gov.uk/asd/asd5/rrs2006.asp |
| Keywords | Expenditure [elderly] ; Social surveys. |
| Annotation | The Department for Work and Pensions (DWP) commissioned the Social Policy Research Unit (SPRU), University of York to examine which pensioner households do not spend their income and why that might be. This report aims to provide new insights into pensioners' living standards, by analysing pensioners' expenditure. Specifically, it explores which pensioners spend a low proportion of their income, why this might be, and whether a decline in spending with age was likely to be a trend for the future (ageing effect), or a feature associated with today's pensioners (a cohort effect). The research method used was secondary analysis of existing survey data from the Family Expenditure Survey (FES) and its successor the Expenditure and Food Survey (EFS), the British Household Panel Survey (BHPS), and the English Longitudinal Study of Ageing (ELSA). The report shows that, on average, low income pensioner households spend more of their income, and are likely to spend a bigger share of any increase in income than those who are better off. This has potential implications for the Government's policy goal of tackling poverty among today's pensioners. (RH). |
| Accession Number | CPA-060726003 B |
| Classmark | J3: 3F |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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