Ageing of the European Population and Deprivation

Malá Ivana ()
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Malá Ivana: Prague University of Economics and Business, Prague, Czech Republic

Economics and Culture, 2022, vol. 19, issue 1, 43-53

Abstract: Research purpose. To quantify such a subjective phenomenon as deprivation, we can use direct questions or more objective composite indicators, including more characteristics of the situation of individuals. Moreover, when ageing is of interest, the usually used indicators should be updated to reflect the needs of ageing citizens. The European Survey of Health, Ageing and Retirement in Europe provides a vast database connected to the European population over 50. Two indicators for material and social deprivation from the survey are used to describe both types of deprivation in European welfare countries. The well-being of elderly inhabitants is a challenging problem for European economies; for this reason, information on the development of deprivation might be helpful to address future problems even before they become. Design / Methodology / Approach. Data from the survey are used to describe differences between both deprivations and to analyse the impact of age, education and gender on the deprivation level. Regression and correlation analysis are used for the analysis. Findings. The welfare countries relatively control material deprivation, but social deprivation is a more serious problem. The deprivation is slowly increasing with age with the positive impact of education. The gender is less significant. The situation is not similar in European countries, and the clustering of countries corresponds with the quality of life indicators and the country’s welfare. Originality / Value / Practical implications. Quantification of the subjective phenomenon is shown. Data-driven information on deprivation during the ageing process in the European Union is given.

Keywords: deprivation; composite indicator; ageing (search for similar items in EconPapers)
JEL-codes: I31 P46 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:ecocul:v:19:y:2022:i:1:p:43-53:n:10

DOI: 10.2478/jec-2022-0004

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