Inequality of Wealth for Never Married Women in Canada, Germany, Sweden, and the United States

Linda Steinsultz ()

No 437, LIS Working papers from LIS Cross-National Data Center in Luxembourg

Abstract: The impact of aging has become a global concern due to the increasing number of older people in many industrialized countries. Today there are more older women than any other time in history. Living longer may become a burden rather than a blessing if lived out in poverty. This study investigated the relationship between individual characteristic of never married older women and wealth. The survey data was collected by the Luxembourg Income Study (LIS) for this quantitative investigation. Three age cohorts (young 50-59, middle, 60-69, and old 70+) were examined with marital status, country (Canada, Germany, Sweden, and United States), and level of education in a sample of 5885 women. The findings of the study indicated that education, age and marital status were significant predictors of wealth in the US, Canada, and Sweden, although marital status was reversed for Sweden. While education and age were significant predictors of wealth for women in Canada, marital status was not a significant predictor. The results comparing education and age of never married women to married women were significantly correlated to wealth. Comparability is a source of controversy in social sciences and creates limitations for doing comparison of concepts on income distribution statistics.

Pages: 53 pages
Date: 2006-06
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Persistent link: https://EconPapers.repec.org/RePEc:lis:liswps:437

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