Senior poverty in Canada: A decomposition analysis

Tammy Schirle

CLSSRN working papers from Vancouver School of Economics

Abstract: Using 1977-1979, 1994-1996, and 2006-2008 data from the SCF and SLID, a decomposition analysis of senior poverty rates is conducted to determine whether changes in seniors’ characteristics, and changes in the extent to which characteristics affect senior’s likelihood of poverty, can help explain historical changes in senior poverty rates. The results show that changes in characteristics can explain relatively small changes in senior poverty rates, with changes in education levels playing a significant role. Changes in the extent to which characteristics affect seniors’ likelihood of poverty are shown to be much more important. Overall, the results confirm the importance of retirement income policy for the structure of senior poverty in Canada.

Keywords: Seniors; poverty; retirement (search for similar items in EconPapers)
JEL-codes: I32 J14 J18 J26 (search for similar items in EconPapers)
Pages: 43 pages
Date: 2013-04-29, Revised 2013-04-29
New Economics Papers: this item is included in nep-age and nep-ltv
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Citations: View citations in EconPapers (4)

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Journal Article: Senior Poverty in Canada: A Decomposition Analysis (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:ubc:clssrn:clsrn_admin-2013-25

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