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Retirement and the Poverty of the Elderly: The Case of Portugal

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Author Info

  • Paula Albuquerque

    ()
    (ISEG/SOCIUS/CISEP)

  • Manuela Arcanjo

    (ISEG/SOCIUS)

  • Vítor Escária

    (ISEG/CIRIUS)

  • Francisco Nunes

    (ISEG/UECE)

  • José Pereirinha

    (ISEG/CISEP, Technical University of Lisbon)

Abstract

This article discusses whether transition to retirement may be associated with a greater probability of becoming poor. Having recourse to the European Community Household Panel (ECHP) for Portugal, the analysis is focused on a sample of individuals who retired in the period 1994-2001. Longitudinal analysis focuses upon income changes upon entering retirement. We relate the dynamics of household income changes for people who retire to personal and household characteristics. A multivariate probit model of the probability of low income at the time of retirement, conditional on not having a low income prior to retirement, is then put forward.

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File URL: http://pi.library.yorku.ca/ojs/index.php/jid/article/viewFile/17797/28692
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Bibliographic Info

Article provided by Journal of Income Distribution in its journal Journal of Income Distribution.

Volume (Year): 19 (2010)
Issue (Month): 3-4 (September-December)
Pages: 41-64

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Handle: RePEc:jid:journl:y:2010:v:19:i:3-4:p:41-64

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Related research

Keywords: retirement; poverty dynamics; Portugal; old age social protection; income mobility;

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Cited by:
  1. Carlos Farinha Rodrigues & Isabel Andrade, 2013. "The Age-Old Problem of Old Age Poverty in Portugal," Working Papers Department of Economics 2013/27, ISEG - School of Economics and Management, Department of Economics, University of Lisbon.

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