The Changing Economic Circumstances of the Older Population: A Cohort Analysis
The 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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- Denton, F T & Spencer, B G, 1991. "Resampling a Time-Series Process: A Method of Estimating the Probabilities Associated with Alternative Plans for Protecting Pensions against Inflation," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 6(3), pages 303-314, July-Sept.
- J. B. Burbidge & A. L. Robb, 1985. "Evidence on Wealth-Age Profiles in Canadian Cross-Section Data," Canadian Journal of Economics, Canadian Economics Association, vol. 18(4), pages 854-875, November.