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Income Distribution among those of 65 Years and Older in Sweden

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  • Lindquist, Gabriella Sjögren

    (SOFI, Stockholm University)

  • Wadensjö, Eskil

    (Stockholm University)

Abstract

The population of Sweden is ageing and the number of pensioners is increasing. This means that the incomes of older people and the income differences between older and younger people and among pensioners have become more important in terms of public debate and research. In this paper, we examine the income distribution of those 65 years and older. The income differences among both men and women have increased among those of 65-74 years and older since 1982. Women generally have lower incomes and pensions than men. Foreign born persons generally have lower incomes and pensions compared to natives. This difference has increased, especially with regard to those coming from non-OECD countries. Among those with low pensions, women, the foreign born and those who have been self-employed are overrepresented. Many who retire have large amount of net wealth, especially in the form of property (houses, apartments).

Suggested Citation

  • Lindquist, Gabriella Sjögren & Wadensjö, Eskil, 2012. "Income Distribution among those of 65 Years and Older in Sweden," IZA Discussion Papers 6745, Institute of Labor Economics (IZA).
  • Handle: RePEc:iza:izadps:dp6745
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    References listed on IDEAS

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    1. Van Vliet, Olaf & Been, Jim & Caminada, Koen & Goudswaard, Kees, 2011. "Pension reform and income inequality among the elderly in 15 European countries," MPRA Paper 32940, University Library of Munich, Germany.
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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 - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    2. Carlos Farinha Rodrigues & Isabel Andrade, 2016. "The Age-Old Problem Of Old Age Poverty In Portugal, 2006 – 14," Working Papers Department of Economics 2016/24, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.

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    More about this item

    Keywords

    income inequality; pension; retirement; older workers;
    All these keywords.

    JEL classification:

    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions

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