Assessing the Wellbeing of the Spanish Elderly
AbstractIn this paper we use a variety of data sources, both micro and macro, time series, cross section, and panel data to provide an empirical evaluation of the current level of economic wellbeing of the Spanish elderly, and of its determinants. We focus, in particular on the role played by the pension system and its generosity in terms of minimum pension supplements and non-contributive pensions. In an IV context, we find that actual Social Security benefits contribute substantially to explain income and consumption poverty levels and trends of low income and consumption percentiles. Thus we offer support to previous evidence for Spain emphasizing the role of minimum benefit policies.
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Bibliographic InfoPaper provided by UCLA Department of Economics in its series Levine's Bibliography with number 784828000000000392.
Date of creation: 31 Aug 2005
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Other versions of this item:
- I3 - Health, Education, and Welfare - - Welfare and Poverty
- H5 - Public Economics - - National Government Expenditures and Related Policies
- J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
- J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-09-02 (All new papers)
- NEP-EEC-2005-09-02 (European Economics)
- NEP-LTV-2005-09-02 (Unemployment, Inequality & Poverty)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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National Bureau of Economic Research, Inc.
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- Michele Boldrin & Sergi Jimenez-Martni & Franco Peracchi, 1997. "Social Security and Retirement in Spain," NBER Working Papers 6136, National Bureau of Economic Research, Inc.
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- Courtney Coile & Jonathan Gruber, 2000. "Social Security and Retirement," NBER Working Papers 7830, National Bureau of Economic Research, Inc.
- María José Luengo-Prado & Almudena Sevilla-Sanz, 2010.
"Consumption, retirement and life-cycle prices: Evidence from Spain,"
2010-18, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales.
- Almudena Sevilla-Sanz & Maria Jose Luengo-Prado, 2010. "Consumption, Retirement and Life-cycle Prices: Evidence From Spain," Economics Series Working Papers 498, University of Oxford, Department of Economics.
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