The distribution of pension wealth in Europe

Javier Olivera

The Journal of the Economics of Ageing, 2019, vol. 13, issue C, 30-42

Abstract: The present study estimates pension wealth inequality among elderly households for 26 EU countries by exploiting cross-sections of the EU Statistics on Income and Living Conditions survey. To assess the role of life expectancy inequalities on pension wealth, this study estimates life tables per educational level with auxiliary data in order to capture socio-economic status (SES). This procedure also distinguishes mortality estimates by sex, birth cohort, and year. The results indicate that differential mortality due to SES increases pension wealth inequality. In most of the countries, this effect has decreased between 2006 and 2014, which means that SES inequalities in mortality are less important in explaining today’s pension wealth inequality. Gini re-centered influence function (RIF) regressions confirm the diminishing influence of tertiary education on pension wealth inequality.

Keywords: Pension wealth; Inequality; Europe; Mortality; Education; RIF regressions (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S2212828X17300579

Related works:
Working Paper: The distribution of pension wealth in Europe (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:joecag:v:13:y:2019:i:c:p:30-42

DOI: 10.1016/j.jeoa.2018.06.001

Access Statistics for this article

The Journal of the Economics of Ageing is currently edited by D.E. Bloom, A. Sousa-Poza and U. Sunde

More articles in The Journal of the Economics of Ageing from Elsevier
Bibliographic data for series maintained by Catherine Liu ().