Age-Specific Income Trends in Europe: The Role of Employment, Wages, and Social Transfers

Autor: Sonja Spitzer, Alexia Prskawetz, Bernhard Hammer
Rok vydání: 2021
Předmět:
medicine.medical_specialty
Younger age
Sociology and Political Science
Lohn
Decomposition analysis
Older population
Intergenerational equity
Gerechtigkeit
Arts and Humanities (miscellaneous)
Einkommenspolitik
Lohnpolitik
Tarifpolitik
Vermögenspolitik
Human geography
Developmental and Educational Psychology
medicine
Economics
media_common.cataloged_instance
difference in income
European union
Social sciences
sociology
anthropology
Generationenverhältnis
old age
Original Research
media_common
Sozialwissenschaften
Soziologie
income situation
National accounts
Public health
General Social Sciences
Intergenerational relations
Einkommensverhältnisse
Age specific
justice
Europe
generational economy
intergenerational equity
EU-SILC 2008-2017
Generational economy
Beschäftigung
employment
Income
ddc:300
wage
Alter
Demographic economics
Einkommensunterschied
Europa
EVS
Income Policy
Property Policy
Wage Policy
Zdroj: Social Indicators Research
ISSN: 1573-0921
0303-8300
Popis: This study analyses age-specific differences in income trends in nine European countries. Based on data from National Accounts and the European Union Statistics on Income and Living Conditions, we quantify age-specific changes in income between 2008 and 2017 and decompose these changes into employment, wages, and public transfer components. Results show that income of the younger age groups stagnated or declined in most countries since 2008, while income of the older population increased. The decomposition analysis indicates that the main drivers of the diverging trends are higher employment among the older population and a strong increase in public pensions, especially for women. Supplementary Information The online version contains supplementary material available at 10.1007/s11205-021-02838-w users.
Databáze: OpenAIRE
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