Income Inequality Among Seniors in Canada: The Role of Women's Labour Market Experience
AbstractThe distribution of income among seniors in Canada has changed substantially over the past decade, reflecting an overall increase in income and an increase in income inequality. In this study I decompose the distribution of income among senior couples to determine the extent to which changes in the labour market activity and retirement experiences of women and men have contributed to this shift in the income distribution. I use data from the Canadian Survey of Labour and Income Dynamics, 1996 and 2006, and the methods of Firpo, Fortin and Lemieux (2007, 2009). Results suggest increases in women's access to pension income and employment have driven increases in income across the distribution with relatively small disequalizing eff ects. Increases in women's access to public pensions have had important equalizing e ffects, while most of the increase in senior income inequality can be attributed to increases in senior men's and women's education levels.
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Bibliographic InfoPaper provided by Vancouver School of Economics in its series CLSSRN working papers with number clsrn_admin-2009-68.
Length: 61 pages
Date of creation: 28 Dec 2009
Date of revision: 28 Dec 2009
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Web page: http://www.clsrn.econ.ubc.ca/
Income Distribution; Elderly; Seniors; Women's Labour Supply; Pensions;
Find related papers by JEL classification:
- J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
- J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
- J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions
- I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
This paper has been announced in the following NEP Reports:
- NEP-AGE-2010-01-16 (Economics of Ageing)
- NEP-ALL-2010-01-16 (All new papers)
- NEP-LAB-2010-01-16 (Labour Economics)
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