The distribution of pension wealth in Europe

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Résumé

The present study estimates pension wealth inequality among elderly households for 26 EU countries by exploiting cross-sections of the EU Statistics on Income and Living Conditions survey. To assess the role of life expectancy inequalities on pension wealth, this study estimates life tables per educational level with auxiliary data in order to capture socio-economic status (SES). This procedure also distinguishes mortality estimates by sex, birth cohort, and year. The results indicate that differential mortality due to SES increases pension wealth inequality. In most of the countries, this effect has decreased between 2006 and 2014, which means that SES inequalities in mortality are less important in explaining today’s pension wealth inequality. Gini re-centered influence function (RIF) regressions confirm the diminishing influence of tertiary education on pension wealth inequality.

langue originaleAnglais
Pages (de - à)30-42
Nombre de pages0
journalJournal of the Economics of Ageing
Volume13
Date de mise en ligne précoce18 juin 2018
Les DOIs
étatPublié - mai 2019

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