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Retirement and the economic well-being of the elderly: a British perspective

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Author Info

  • Bardasi, Elena
  • Jenkins, Stephen P.
  • Rigg, John A.

Abstract

Little is known about the income dynamics and retirement in Britain, in part because of a lack of data. The information is of some topical interest given the growing number of elderly people, the trend towards earlier retirement, the decline in the value of the basic state pension and the growing reliance on occupational and private pensions, and continuing relatively high poverty rates among the elderly. This paper considers the important question of income and retirement and, in particular, the association between transitions into retirement and the probability of becoming poor. It is based on longitudinal data from the British Household Panel Survey waves 1-7, covering 1991-1997. We also aim to relate differences in poverty entry probabilities among the retired to differences in factors such as a retirees health, housing tenure, age and sex, education, labour market status and history (and hence routes into retirement) household composition and spouses characteristics

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File URL: https://www.iser.essex.ac.uk/publications/working-papers/iser/2000-33.pdf
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Bibliographic Info

Paper provided by Institute for Social and Economic Research in its series ISER Working Paper Series with number 2000-33.

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Date of creation: 01 Oct 2000
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Publication status: published
Handle: RePEc:ese:iserwp:2000-33

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Postal: Publications Office, Institute for Social and Economic Research, University of Essex, Wivenhoe Park, Colchester, Essex CO4 3SQ UK
Phone: 44-1206-872957
Fax: 44-1206-873151
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Web page: https://www.iser.essex.ac.uk/
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Postal: Publications Office, Institute for Social and Economic Research, University of Essex, Wivenhoe Park, Colchester, Essex CO4 3SQ UK
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Web: https://www.iser.essex.ac.uk/publications/

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References

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  1. Joseph Quinn, . "New Paths to Retirement," Pension Research Council Working Papers 98-10, Wharton School Pension Research Council, University of Pennsylvania.
  2. Paul Johnson & Gary Stears & Steven Webb, 1998. "The dynamics of incomes and occupational pensions after retirement," Fiscal Studies, Institute for Fiscal Studies, vol. 19(2), pages 197-215, May.
  3. Johnson, Paul & Stears, Gary, 1998. "Why Are Older Pensioners Poorer?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 60(3), pages 271-90, August.
  4. repec:ese:iserwp:99-25 is not listed on IDEAS
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Cited by:
  1. Marjan, MAES, 2008. "Poverty persistence among Belgian elderly in the transition from work to retirement : an empirical analysis," Discussion Papers (ECON - Département des Sciences Economiques) 2008042, Université catholique de Louvain, Département des Sciences Economiques.
  2. repec:ese:iserwp:2009-30 is not listed on IDEAS
  3. Joachim R. Frick & Markus M. Grabka, 2002. "The Personal Distribution of Income and Imputed Rent: A Cross-National Comparison for the UK, West Germany and the USA," Discussion Papers of DIW Berlin 271, DIW Berlin, German Institute for Economic Research.
  4. Marjan Maes, 2013. "Poverty persistence among the elderly in the transition from work to retirement," Journal of Economic Inequality, Springer, vol. 11(1), pages 35-56, March.
  5. Aaron George Grech, 2013. "How best to measure pension adequacy," LSE Research Online Documents on Economics 51270, London School of Economics and Political Science, LSE Library.
  6. repec:ese:iserwp:2008-24 is not listed on IDEAS

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