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An Age Perspective on Economic Well-Being and Social Protection in Nine OECD Countries

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  • Thai-Thanh Dang
  • Herwig Immervoll
  • Daniela Mantovani
  • Kristian Orsini
  • Holly Sutherland

Abstract

For a number of reasons, incomes vary strongly with age. The nature of this variation is of interest for a wide range of policy purposes. Since age structures differ across countries, knowledge about the incomes earned by different age groups is also necessary for understanding and interpreting international comparisons of overall inequality. This paper quantifies the economic well-being of different age groups and the extent to which they rely on incomes from public and private sources. The analysis aims at establishing how social benefits, and the taxes needed to finance them, affect income levels and income disparities across different age groups. Results are compared across nine OECD countries. Les revenus varient grandement avec l’âge pour un certain nombre de raisons. La nature de ces variations est intéressante à plus d’un égard à des fins politiques. Comme la structure des âges diffère d’un pays à l’autre, l’information relative aux revenus perçus par les différents groupes d’âge est aussi nécessaire pour comprendre et interpréter les comparaisons internationales de l’inégalité. Ce document quantifie le bien-être économique des différents groupes d’âge et montre dans quelle mesure ces derniers dépendent de revenus provenant de sources publiques et privées. L’analyse tend à établir comment les prestations sociales, ainsi que les impôts et contributions sociales devant les financer, influencent les niveaux et les disparités des revenus parmi différents groupes d’âge. Le document compare les résultats pour neuf pays de l’OCDE.

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Bibliographic Info

Paper provided by OECD Publishing in its series OECD Social, Employment and Migration Working Papers with number 34.

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Date of creation: 09 Jun 2006
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Handle: RePEc:oec:elsaab:34-en

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  1. Gottschalk, Peter & Smeeding, Timothy M., 2000. "Empirical evidence on income inequality in industrialized countries," Handbook of Income Distribution, Elsevier, in: A.B. Atkinson & F. Bourguignon (ed.), Handbook of Income Distribution, edition 1, volume 1, chapter 5, pages 261-307 Elsevier.
  2. Holly Sutherland & Miles Corak & Christine Lietz & UNICEF Innocenti Research Centre, 2005. "The Impact of Tax and Transfer Systems on Children in the European Union," Innocenti Working Papers inwopa05/30, UNICEF Innocenti Research Centre.
  3. Sutherland, Holly, 2001. "EUROMOD: an integrated European benefit-tax model: final report," EUROMOD Working Papers EM9/01, EUROMOD at the Institute for Social and Economic Research.
  4. Virginia Hernanz & Franck Malherbet & Michele Pellizzari, 2004. "Take-Up of Welfare Benefits in OECD Countries: A Review of the Evidence," OECD Social, Employment and Migration Working Papers, OECD Publishing 17, OECD Publishing.
  5. von Weizsacker, Robert K., 1996. "Distributive implications of an aging society," European Economic Review, Elsevier, Elsevier, vol. 40(3-5), pages 729-746, April.
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Cited by:
  1. Marx, Ive & Nolan, Brian & Olivera, Javier, 2014. "The Welfare State and Anti-Poverty Policy in Rich Countries," IZA Discussion Papers 8154, Institute for the Study of Labor (IZA).
  2. Figari, Francesco & Matsaganis, Manos & Sutherland, Holly, 2011. "The financial well-being of older people in Europe and the redistributive effects of minimum pension schemes," EUROMOD Working Papers EM7/11, EUROMOD at the Institute for Social and Economic Research.
  3. Dekkers, Gijs, 2008. "Are the old poor? A discussion and some cursory evidence," MPRA Paper 29436, University Library of Munich, Germany.

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