Does the Past Play a Role (original) (raw)

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This paper investigates the role of past poverty experiences in shaping current poverty conditions for individuals aged 50 and above in the European Union. It utilizes data from the Survey of Health, Ageing and Retirement in Europe (SHARE) to analyze the link between childhood poverty and later-life poverty, examining the effects of various factors such as socio-economic background, public policy interventions, and personal circumstances on poverty transitions. The findings highlight significant regional disparities and emphasize the importance of understanding the cumulative impact of socio-economic policies over individuals' lifetimes.

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Public Transfers and the Age-Profile of Poverty in Europe

SSRN Electronic Journal, 2009

Ensuring adequate living standards to a growing number of elderly while restraining the growth of pension spending represents the main challenge for pension policy in most countries. There is a need for an in-depth analysis of the economic conditions of the elderly which can help targeting resources in the coming years to the more needy groups. Children are another potentially vulnerable group of the population: their poverty can affect human capital accumulation and have long lasting effects on lifetime well-being. Using data from the latest wave of the EU Survey on Income and Living Conditions (SILC), we document that the poverty rates of these two age groups with respect to the other components of the population differ considerably across European countries. These differences are largely due to the different anti-poverty effectiveness of national social policies. In particular, in "Social-democratic" and "Corporatist" welfare states the ageprofile of poverty is flat; on the contrary, in Anglo-saxon and especially in Southern European countries young and elderly groups show remarkably higher poverty rates.

Elderly poverty in EU25

2006

The prevention of social exclusion and poverty of elderly people is one of the key objectives of the national social policies. Bearing in mind the variety and diversity of national pensions and social assistance systems, the Open Method of Coordination (OMC) in the field of pensions was introduced by the European Commission, principally to promote cooperation on national policies and to support transnational exchange of learning and good practices. The research undertaken by researchers at the European Centre Vienna for the European Commission are presented in two reports: the first report provides a concise description of poverty risks faced by the current populations of elderly people in the enlarged EU25, and the second report analyses the possible impact of recent pensions reforms on the future populations of the elderly. This SPA-conference paper provides a synthesis of our findings in the two reports.

Retirement and the Poverty of the Elderly in Portugal

2006

The effect of retirement on economic welfare, indirectly measured by income, has not been studied widely, namely due to the lack of longitudinal data. A large literature exists about poverty in old age, mainly based on cross sectional survey data, but usually those studies are not able to study the transitional effect of retirement on income as they do not observe the workers who do retire before and after their retirement. The knowledge of this phenomenon is, however, of crucial relevance given the growing number of elderly people, the trend towards earlier retirement, and continuing relatively high poverty rates among the elderly.

Poverty of Elderly in EU25

2006

The prevention of social exclusion and poverty of elderly people is one of the key objectives of the national social policies. Bearing in mind the variety and diversity of national pensions and social assistance systems, the Open Method of Coordination (OMC) in the field of pensions was introduced by the European Commission, principally to promote cooperation on national policies and to support transnational exchange of learning and good practices. The research undertaken by researchers at the European Centre Vienna for the European Commission are presented in two reports: the first report provides a concise description of poverty risks faced by the current populations of elderly people in the enlarged EU25, and the second report analyses the possible impact of recent pensions reforms on the future populations of the elderly. This SPA-conference paper provides a synthesis of our findings in the two reports.

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