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Retirement and the economic well-being of the elderly: a British perspective

  • Bardasi, Elena
  • Jenkins, Stephen P.
  • Rigg, John A.

Little is known about the income dynamics and retirement in Britain, in part because of a lack of data. The information is of some topical interest given the growing number of elderly people, the trend towards earlier retirement, the decline in the value of the basic state pension and the growing reliance on occupational and private pensions, and continuing relatively high poverty rates among the elderly. This paper considers the important question of income and retirement and, in particular, the association between transitions into retirement and the probability of becoming poor. It is based on longitudinal data from the British Household Panel Survey waves 1-7, covering 1991-1997. We also aim to relate differences in poverty entry probabilities among the retired to differences in factors such as a retiree's health, housing tenure, age and sex, education, labour market status and history (and hence routes into retirement) household composition and spouse's characteristics

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File URL: https://www.iser.essex.ac.uk/research/publications/working-papers/iser/2000-33.pdf
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Paper provided by Institute for Social and Economic Research in its series ISER Working Paper Series with number 2000-33.

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Date of creation: 01 Oct 2000
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Publication status: published
Handle: RePEc:ese:iserwp:2000-33
Contact details of provider: Postal: Publications Office, Institute for Social and Economic Research, University of Essex, Wivenhoe Park, Colchester, Essex CO4 3SQ UK
Phone: 44-1206-872957
Fax: 44-1206-873151
Web page: https://www.iser.essex.ac.uk/
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Order Information: Postal: Publications Office, Institute for Social and Economic Research, University of Essex, Wivenhoe Park, Colchester, Essex CO4 3SQ UK
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  1. Johnson, Paul & Stears, Gary, 1998. "Why Are Older Pensioners Poorer?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 60(3), pages 271-90, August.
  2. Paul Johnson & Gary Stears & Steven Webb, 1998. "The dynamics of incomes and occupational pensions after retirement," Fiscal Studies, Institute for Fiscal Studies, vol. 19(2), pages 197-215, May.
  3. Joseph F. Quinn, 1998. "New Paths to Retirement," Boston College Working Papers in Economics 406, Boston College Department of Economics.
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