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Young people losing out

Author

Listed:
  • Wolfgang Ochel

Abstract

In Germany the relative disposable income of young people falls below the OECD average and that of the elderly in Germany is above the average. Young people also lose out when the poverty rate is taken into consideration. According to OECD data, 13.7% of young people between 18 and 25 and 10.6% of young people under 18 lived in poverty in the mid-1990s compared to only 7.9% of the 51 to 65 age group and 10.4% of those over 65, so that youth poverty is higher than old-age poverty. This is primarily the result of the distribution of public transfers among the different age groups.

Suggested Citation

  • Wolfgang Ochel, 2001. "Young people losing out," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 54(10), pages 31-32, October.
    • Handle: RePEc:ces:ifosdt:v:54:y:2001:i:10:p:31-32
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    File URL: https://www.ifo.de/DocDL/ifosd_2001_10_6.pdf
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    More about this item

    JEL classification:

    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty

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