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Income, wealth and financial fragility in Europe
Author(s)Dimitrios Christelis, Tullio Jappelli, Omar Paccagnella
Journal titleJournal of European Social Policy, vol 19, no 4, October 2009
Pagespp 359-376
Sourcehttp://esp.sagepub.com
KeywordsIncome [older people] ; Poverty ; Economic status [elderly] ; Ageing process ; Demography ; European Union ; Cross national surveys ; Europe.
AnnotationThe article examines the distribution of income and wealth among the generation of Europeans aged 65 and over, using data drawn from the first wave of the Survey of Health, Ageing and Retirement in Europe (SHARE). It looks at how cross-country comparisons of income, wealth and debt are affected by differences in purchasing power, household size and taxation, and shows that some seemingly wide international differences appear less so when the proper adjustments are made. The article reveals wide differences in income, wealth and indebtedness of older households in Europe, and provides background information on social issues such as the adequacy of savings at retirement, and older people's financial fragility. (KJ/RH).
Accession NumberCPA-091117208 A
ClassmarkJF: W6: F:W: BG: S8: WFC: 3K: 74

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