The Experts below are selected from a list of 8010 Experts worldwide ranked by ideXlab platform

Holly Sutherland - One of the best experts on this subject based on the ideXlab platform.

  • the financial well being of Elderly people in europe and the redistributive effects of minimum pension schemes
    Social Science Research Network, 2013
    Co-Authors: Francesco Figari, Manos Matsaganis, Holly Sutherland
    Abstract:

    This study analyses the financial well-being of Elderly people across Europe. Using the European microsimulation model EUROMOD, which facilitates the identification of minimum pension schemes in a comparable way across countries, we gather together new empirical findings on the redistributive effects of the minimum pension schemes in a range of European countries. In particular, we quantify the extent to which these schemes contribute to alleviate Elderly Poverty across Europe. Nevertheless, the financial well-being of older people depends crucially on the pension system as a whole. Countries with generous minimum pension schemes seem to allocate relatively fewer resources to other pillars of the pension system. On the one hand, they are more effective in reducing Elderly Poverty rates. On the other hand, they fail to ensure a level of financial well-being of older people in line with the overall population.

  • the financial well being of older people in europe and the redistributive effects of minimum pension schemes
    Research Papers in Economics, 2011
    Co-Authors: Francesco Figari, Manos Matsaganis, Holly Sutherland
    Abstract:

    This study analyses the financial well-being of Elderly people across Europe. Using the European microsimulation model EUROMOD, which facilitates the identification of minimum pension schemes in a comparable way across countries, we show the extent to which these schemes serve to reduce the risk of Poverty among Elderly. The main findings show that there is a strong correlation between the resources allocated to the minimum pension schemes and the reduction in Poverty risk among the Elderly. Nevertheless, the financial well-being of older people depends crucially on the pension system as a whole. Countries with generous minimum pension schemes seem to allocate relatively fewer resources to other pillars of the pension system. On the one hand, they are more effective in reducing Elderly Poverty rates. On the other hand, they fail to ensure a level of financial well-being of older people in line with the overall population.

Wade Donald Pfau - One of the best experts on this subject based on the ideXlab platform.

  • vulnerability of vietnamese Elderly to Poverty determinants and policy implications
    Asian Economic Journal, 2009
    Co-Authors: Long T Giang, Wade Donald Pfau
    Abstract:

    We identify determinants of Elderly Poverty in Vietnam using household survey data from 2004. The Elderly living in urban and rural areas face significantly different conditions. Some factors impact Poverty in both urban and rural areas (e.g. age, marital status, region and remittance receipts), some factors are insignificant in both areas (e.g. living arrangements and household head characteristics) and some factors have a differing impact in the two areas (e.g. gender, ethnicity, and household composition and size). With these findings, we formulate policy priorities, including reducing regional disparities, promoting the rural economy and reforming social security.

  • the vulnerability of the Elderly to Poverty determinants and policy implications for vietnam
    Social Science Research Network, 2008
    Co-Authors: Giang Thanh Long, Wade Donald Pfau
    Abstract:

    By using household data from 2004, this paper identifies the determinants of the Elderly Poverty in Vietnam. We find that urban and rural Elderly are substantially different, and thus they should be analyzed separately. The results for urban Elderly generally show that higher ages, marital status, residential regions, and working status have significant impacts on the likelihood of Poverty. In rural areas, higher ages, gender, marital status, ethnicity, residential regions, household composition, and household size are determinant factors of the likelihood of Poverty for the Elderly. Moreover, remittances and social security benefits appear to be important for reducing Poverty of the Elderly households, particularly in the rural areas. We also found some factors which are less important for both areas, including characteristics of household heads. Based on these findings, we formulate policy priorities, including reducing regional disparities, promoting the rural economy, and reforming the social security system.

  • the vulnerability of the Elderly households to Poverty determinants and policy implications for vietnam
    Social Science Research Network, 2008
    Co-Authors: Giang Thanh Long, Wade Donald Pfau
    Abstract:

    Abstract By using household data in 2004, this paper identifies the determinants of the Elderly Poverty in Vietnam. We find that urban and rural Elderly are substantially different, and thus they should be analyzed separately. The results for urban areas generally show that higher ages, unmarried status, residential regions, and working status have significant impacts on the likelihood of Poverty for the Elderly. In rural areas, higher ages, female, unmarried status, ethnic minorities, residential regions, household composition, and household size are determinant factors of the likelihood of Poverty for the Elderly. We also found some factors which are less important for both areas, including characteristics of household heads. Remittances and social security benefits appear to be important for reducing Poverty of the Elderly households, particularly in the rural areas. Based on findings, we formulate policy priorities, including reducing regional disparities, promoting the rural economy, and reforming the social security system. Giang Thanh Long Research Fellow, Vietnam Development Forum (VDF)-Tokyo National Graduate Institute for Policy Studies (GRIPS) 7-22-1 Roppongi, Minato-ku, Tokyo 106-8677, JAPAN Phone: (+81) 80 5445 0403; Fax: (+81-3) 6439 6010 Email: gtlong@vdf.org.vn Wade D. Pfau Associate Professor National Graduate Institute for Policy Studies (GRIPS) 7-22-1 Roppongi, Minato-ku, Tokyo 106-8677 Email: wpfau@grips.ac.jp Phone: (+81)-3-6439-6225 Fax: (+81)-3-6439-6010

Lucas Manfield - One of the best experts on this subject based on the ideXlab platform.

  • Elderly Poverty in the united states in the 21st century exploring the role of assets in the supplemental Poverty measure
    Research Papers in Economics, 2015
    Co-Authors: Christopher Wimer, Lucas Manfield
    Abstract:

    Official estimates of Elderly Poverty do not take into account either the medical needs of the Elderly, which can be quite extensive, or the assets at their disposal, which may also be extensive. The new Supplemental Poverty Measure (SPM) explicitly takes into account medical needs but has been criticized for not concomitantly taking into account asset portfolios. In this paper we consider both jointly, using an approach adapted from a recent National Academy of Sciences report recommending methods for measuring Poverty and medical risk while taking account of assets. We use longitudinal data from the Health and Retirement Study (HRS).

  • Elderly Poverty in the united states in the 21st century exploring the role of assets in the supplemental Poverty measure
    Social Science Research Network, 2015
    Co-Authors: Christopher Wimer, Lucas Manfield
    Abstract:

    Official estimates of Elderly Poverty do not take into account either the medical needs of the Elderly, which can be quite extensive, or the assets at their disposal, which may also be extensive. The new Supplemental Poverty Measure (SPM) explicitly takes into account medical needs but has been criticized for not concomitantly taking into account asset portfolios. In this paper we consider both jointly, using an approach adapted from a recent National Academy of Sciences report recommending methods for measuring Poverty and medical risk while taking account of assets. We use longitudinal data from the Health and Retirement Study (HRS). The paper found that: Confirming previously published research, the Elderly have considerably higher Poverty rates under the SPM than under the official measure, and this disparity is driven by the SPM’s treatment of medical out-of-pocket expenditures. SPM Poverty rates are considerably lower than actual SPM rates when an annuitized portion of liquid assets is incorporated into the measure of resources. When both liquid and near-liquid assets are considered, trends and levels of SPM Poverty rates are extremely close to official Poverty rates. SPM Poverty rates would be even lower than official rates if all assets, including reverse mortgages on homes, were considered, though this might be considered a less “reasonable” approach by some observers. Incorporating assets has differing effects on pre-existing disparities in Poverty rates: it exacerbates inequalities by race and marital status but reduces inequalities by age and has little effect on inequalities by gender. The policy implications of the findings are: Government agencies should consider examining the role of assets when assessing the trends and levels of Poverty rates among older Americans. Promoting savings and asset ownership among younger Americans is likely to pay substantial dividends with respect to the economic well-being of older Americans in the future.

Francesco Figari - One of the best experts on this subject based on the ideXlab platform.

  • the financial well being of Elderly people in europe and the redistributive effects of minimum pension schemes
    Social Science Research Network, 2013
    Co-Authors: Francesco Figari, Manos Matsaganis, Holly Sutherland
    Abstract:

    This study analyses the financial well-being of Elderly people across Europe. Using the European microsimulation model EUROMOD, which facilitates the identification of minimum pension schemes in a comparable way across countries, we gather together new empirical findings on the redistributive effects of the minimum pension schemes in a range of European countries. In particular, we quantify the extent to which these schemes contribute to alleviate Elderly Poverty across Europe. Nevertheless, the financial well-being of older people depends crucially on the pension system as a whole. Countries with generous minimum pension schemes seem to allocate relatively fewer resources to other pillars of the pension system. On the one hand, they are more effective in reducing Elderly Poverty rates. On the other hand, they fail to ensure a level of financial well-being of older people in line with the overall population.

  • the financial well being of older people in europe and the redistributive effects of minimum pension schemes
    Research Papers in Economics, 2011
    Co-Authors: Francesco Figari, Manos Matsaganis, Holly Sutherland
    Abstract:

    This study analyses the financial well-being of Elderly people across Europe. Using the European microsimulation model EUROMOD, which facilitates the identification of minimum pension schemes in a comparable way across countries, we show the extent to which these schemes serve to reduce the risk of Poverty among Elderly. The main findings show that there is a strong correlation between the resources allocated to the minimum pension schemes and the reduction in Poverty risk among the Elderly. Nevertheless, the financial well-being of older people depends crucially on the pension system as a whole. Countries with generous minimum pension schemes seem to allocate relatively fewer resources to other pillars of the pension system. On the one hand, they are more effective in reducing Elderly Poverty rates. On the other hand, they fail to ensure a level of financial well-being of older people in line with the overall population.

Almas Heshmati - One of the best experts on this subject based on the ideXlab platform.

  • the effects of lifetime work experience on incidence and severity of Elderly Poverty in korea
    Social Science Research Network, 2017
    Co-Authors: Seyoung Chae, Almas Heshmati
    Abstract:

    This study investigates the characteristics that contribute to Elderly Poverty, mainly focusing on individuals' lifetime work experience. It adopts the heterogeneous relative Poverty line which differs by gender, province of residence and over time. It calculates the work experience and obtains demographic variables using the Korean Labor and Income Panel Study's survey data for 2006, 2009, 2012 and 2015. The objective is to estimate Poverty amongst Elderly and explain its variations in relation to individual characteristics and lifetime work experience. Poverty is measured as the head count, Poverty gap and the Poverty severity indices. The Poverty measures are based on the monetary dimensions of well-being namely income and consumption. The methodology used in this study is the logit model to explain incidence of Poverty and the sample selection model to analyze the depth and severity of Poverty. The results show evidence of a significant selection bias in all the Poverty models based on income, but not on the consumption. In both income and consumption models increase in the total work years lessens the incidence of Poverty and a decrease in the gap years downsizes the probability of being poor. High-income occupation and labor market participation greatly decrease the incidence of Poverty. Most of the work relevant variables become insignificant in the Poverty gap and severity models of consumption while both work years and gap years are significant in the income model. The number of jobs representing turnover rate significantly increases the probability of being impoverished only in the consumption model.