The Changing Economic Circumstances of the Older Population: A Cohort Analysis
AbstractThe paper provides an analysis of the economic circumstances of Canadian cohorts in older phases of the life cycle. It begins by discussing the definition of "old" and the case for an upward revision of the traditional age-65 definition. It then goes on to consider changes in patterns of labour force participation of older age groups, their income levels and distribution, the importance of government transfer payments, consumption levels and patterns of saving, the extent of home ownership and mortgage status, and the effects of inflation.
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Bibliographic InfoPaper provided by McMaster University in its series Quantitative Studies in Economics and Population Research Reports with number 319.
Length: 52 pages
Date of creation: Sep 1996
Date of revision:
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Web page: http://www.mcmaster.ca/economics/
More information through EDIRC
older population; cohort; income; consumption; saving;
Other versions of this item:
- Frank T. Denton & Byron G. Spencer, 1996. "The Changing Economic Circumstances of the Older Population: A Cohort Analysis," Independence and Economic Security of the Older Population Research Papers 8, McMaster University.
- D10 - Microeconomics - - Household Behavior - - - General
- J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
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