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Sweden’s Pensioners: How They Have Fared in the Roller Coaster Ride through the Past Decade and a Half of Deep Recession and Economic Exuberance

Gustafsson, Björn; Johansson, Mats; Palmer, Edward - Institute for the Study of Labor (IZA) - 2007

characterized by increased influence from the financial market and extreme economic events - using data from the Household Income … income of the pensioners fell behind that of workers and relative poverty increased. The analysis shows that the limited … resources of many of the elderly put them close to a socially interesting poverty line. Income inequality among the elderly has …

Persistent link: https://www.econbiz.de/10005703767

Adaptation to Poverty in Long-Run Panel Data

Clark, Andrew E.; D'Ambrosio, Conchita; Ghislandi, Simone - Institute for the Study of Labor (IZA) - 2014

We consider the link between poverty and subjective well-being, and focus in particular on potential adaptation to poverty. We use panel data on almost 54,000 individuals living in Germany from 1985 to 2012 to show first that life satisfaction falls with both the incidence and intensity of...

Persistent link: https://www.econbiz.de/10011094087