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Centre for Policy on Ageing | |
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Public/private pension mix, income inequality and poverty among the elderly in Europe
— an empirical analysis using new and revised OECD data | | Author(s) | Jim Been, Karen Caminada, Kees Goudswaard, Olaf van Vliet |
| Journal title | Social Policy and Administration, vol 51, no 7, December 2017 |
| Publisher | Wiley, December 2017 |
| Pages | pp 1079-1100 |
| Source | https://www.netspar.nl/assets/uploads/P20160826_dp028_Been... |
| Keywords | Pensions ; Private pensions ; Poor elderly ; Poverty ; European Union ; Indicators ; Europe. |
| Annotation | Previous studies have suggested that higher public pensions are associated with lower income inequality among older people. whereas the reverse is true for private pensions. In 2012, van Vliet et al used panel data from the OECD SOCX (Social Expenditure) and the EU-SILC (European Union Statistics on Income and Living Conditions) databases, to empirically test whether relative shifts from public to private pension schemes entail higher levels of income inequality among older people. Contrasting earlier empirical studies using either cross-sectional or time-series data, they do not find evidence that shifts from public to private pension provision are associated with higher levels of income inequality or poverty among older people. This article aims to extend the analysis of van Vliet et al by: adding additional countries; adding additionally available years; and using revised OECD SOCX data. In contrast to van Vliet et al, the authors find that a greater relative importance of private pensions is associated with higher levels of income inequality and poverty among older people. A central explanation of the difference in conclusions stems from the revision of OECD SOCX data. (RH). |
| Accession Number | CPA-171208202 A |
| Classmark | JJ: JK: F:W6: W6: WFC: 3RI: 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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