Armut im Alter – Ursachenanalyse und eine Projektion für das Jahr 2023: Old Age Poverty – Causes and a Projection for 2023

Ingmar Kumpmann, Gühne Michael () and Buscher Herbert S. ()
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Gühne Michael: Technische Universität Dresden
Buscher Herbert S.: Bereich Formale Methoden und Datenbanken, Institut für Wirtschaftsforschung Halle (IWH), Kleine Märkerstraße 8, 06108 Halle (Saale), Germany

Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), 2012, vol. 232, issue 1, 61-83

Abstract: Several factors bring about a rise in old age poverty in Germany, especially in East Germany. Using data from the German Socio-economic Panel (SOEP) we examine causes and extent of old age poverty in Germany. We begin our inquiry with a cross section regression in order to determine the impact of several factors on retirement incomes in Germany. In the second step we performan income projection of today’s 50 to 55 year-old people for the year 2023. In doing so, we take into account different sources of income, including several forms of capital income and the calculated rent of owner-occupied houses and flats.We find a significant rise in old age poverty especially in East Germany as a consequence of rising unemployment after the German unification.

Keywords: Old age poverty; pension; old age income; Old age poverty; pension; old age income (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:jns:jbstat:v:232:y:2012:i:1:p:61-83

DOI: 10.1515/jbnst-2012-0106

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