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Centre for Policy on Ageing | |
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| Pension insecurity and wellbeing in Europe | | Author(s) | Javier Olivera, Valentina Ponomarenko |
| Journal title | Journal of Social Policy, vol 46, no 3, July 2017 |
| Publisher | Cambridge University Press, July 2017 |
| Pages | pp 517-542 |
| Source | cambridge.org/JSP |
| Keywords | Middle aged ; Employment of older people ; Attitude ; Pensions ; Retirement policy ; Economic status [elderly] ; Well being ; Quantitative studies ; Europe. |
| Annotation | This paper studies pension insecurity in a sample of non-retired individuals aged 50 years or older from 18 European countries. The authors capture pension insecurity, with the subjective expectations on the probability that the government will reduce the pensions of the individual before retirement, or will increase the statutory retirement age. The authors argue that changes in economic conditions and policy affect the formation of such probabilities, and through this, subjective well-being. In particular, they study the effects of pension insecurity on subjective well-being with pooled linear models, regressions per quintiles and instrumental variables. They find a statistically significant, stable and negative association between pension insecurity and subjective well-being. Their findings reveal that the individuals who are more affected by pension insecurity are those who are further away from their retirement, have lower income, assess their life survival as low, have higher cognitive abilities, and do not expect private pension payments. (RH). |
| Accession Number | CPA-170728201 A |
| Classmark | SE: GC: DP: JJ: G5: F:W: D:F:5HH: 3DQ: 74 |
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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