Income Replacement Rates Among Canadian Seniors: The Effect of Widowhood and Divorce
AbstractThe financial security of widowed and divorced women during their retirement years has long been a concern. This paper places this issue within the context of research on replacement rates, the extent to which family income during the working years (here, the mid-50s) is "replaced" as individuals move into their late 70s. Using a longitudinal database and fixed-effects econometric models, the paper assesses the effect of widowhood/widowerhood and divorce after age 55 on replacement rates during the retirement years.
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Bibliographic InfoPaper provided by Statistics Canada, Analytical Studies Branch in its series Analytical Studies Branch Research Paper Series with number 2012343e.
Date of creation: 20 Jun 2012
Date of revision:
Seniors; Labour; Wages; salaries and other earnings; Income; pensions and wealth;
This paper has been announced in the following NEP Reports:
- NEP-AGE-2012-06-25 (Economics of Ageing)
- NEP-ALL-2012-06-25 (All new papers)
- NEP-DEM-2012-06-25 (Demographic Economics)
- NEP-LAB-2012-06-25 (Labour Economics)
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