The authors examined the economic well-being of the Korean elderly and their reliance on public and private transfers. Under-developed public transfer programs are at the center of heated political debates, and better understanding of economic well-being and the relation between public and...

While public expenditure on health care and long‐term care (LTC) has been monitored for many years in European countries, far less attention has been paid to the financial consequences for older people of private out‐of‐pocket (OOP) expenditure necessary to access such care. Employing...

We analyse intergenerational solidarity within multigenerational households (MGHs) and assess how the formation of these households is related to poverty across European countries. Our aim is to assess how this type of household is a coping strategy with respect to financial distress for...