Senior poverty in Canada: A decomposition analysis
Using 1977-1979, 1994-1996, and 2006-2008 data from the SCF and SLID, a decomposition analysis of senior poverty rates is conducted to determine whether changes in seniorsâ€™ characteristics, and changes in the extent to which characteristics affect seniorâ€™s likelihood of poverty, can help explain historical changes in senior poverty rates. The results show that changes in characteristics can explain relatively small changes in senior poverty rates, with changes in education levels playing a significant role. Changes in the extent to which characteristics affect seniorsâ€™ likelihood of poverty are shown to be much more important. Overall, the results confirm the importance of retirement income policy for the structure of senior poverty in Canada.
|Date of creation:||29 Apr 2013|
|Date of revision:||29 Apr 2013|
|Contact details of provider:|| Web page: http://www.clsrn.econ.ubc.ca/|
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- Baker, Michael & Benjamin, Dwayne, 1999. "Early Retirement Provisions and the Labor Force Behavior of Older Men: Evidence from Canada," Journal of Labor Economics, University of Chicago Press, vol. 17(4), pages 724-56, October.
- Michael R. Veall, 2008. "Canadian Seniors and the Low Income Measure," Canadian Public Policy, University of Toronto Press, vol. 34(s1), pages 47-58, November.
- Alan G. Green & David A. Green, 1999. "The Economic Goals of Canada's Immigration Policy, Past and Present," Canadian Public Policy, University of Toronto Press, vol. 25(4), pages 425-451, December.
- Schirle, Tammy, 2009. "Income Inequality Among Seniors in Canada: The Role of Women's Labour Market Experience," CLSSRN working papers clsrn_admin-2009-68, Vancouver School of Economics, revised 28 Dec 2009.
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