We examine the poverty rates and the income configurations among Japan and the LIS countries. The LIS countries are Germany, Italy, the UK, Denmark, the US, and Taiwan. We divide household including elderly into five types: living alone, couples only, living with their married children, living...

This paper surveys the rise of income inequality in affluent nations. Social programs are critical to keeping inequality in check, but their sustainability is increasingly threatened. A possible solution is high levels of employment.

This paper examines variation in old-age income inequality between industrialized nations with modern welfare systems. The analysis of income inequality across countries with different retirement income systems provides a perspective on public pension policy choices and designs and their...

This paper is the first to analyze intergenerational economic mobility based on sibling correlations in permanent earnings in Germany and to provide a cross-country comparison of Germany, Denmark, and the US. The main findings are as follows: the importance of family and community background in...