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The age-old problem of old age poverty in Portugal

dc.contributor.authorRodrigues, Carlos Farinha
dc.contributor.authorAndrade, Isabel
dc.date.accessioned2014-01-09T15:17:17Z
dc.date.available2014-01-09T15:17:17Z
dc.date.issued2013
dc.description.abstractThe Portuguese elderly poverty rate has decreased significantly in recent years as elderly incomes have increased, and inequality and material deprivation levels have converged to their national levels. This paper investigates whether this improved situation is widespread across the elderly, but concludes that it is heterogeneous with poverty pockets subsisting. In particular, the elderly aged 75+ and living alone record a poverty rate above 30% in 2010, implying that this group remains one of great economic and social vulnerability. An important feature of this heterogeneity is the difference between the higher average income of the younger elderly generations versus the older ones, with more than 16% of the elderly in the two highest deciles of the income distribution in 2010. The evolution of both contributive and means-tested pensions is a key element in the reduction in elderly poverty and in the improvement in their living standards. However, the austerity policies implemented post-2010 have made a strong impact on pensions and can reverse this recent evolution.por
dc.identifier.citationRodrigues, Carlos Farinha e Isabel Andrade. 2013. "The age-old problem of old age poverty in Portugal". Instituto Superior de Economia e Gestão. DE Working papers nº 27-2013/DE/CEMAPREpor
dc.identifier.issn0874-4548
dc.identifier.urihttp://hdl.handle.net/10400.5/6316
dc.language.isoengpor
dc.publisherISEG - Departamento de Economiapor
dc.relation.ispartofseriesDE/ Working papers nº 27-2013/DE/CEMAPRE
dc.subjectSocial Policypor
dc.subjectIncome Distributionpor
dc.subjectInequalitypor
dc.subjectPoverty Alleviationpor
dc.subjectPortugalpor
dc.titleThe age-old problem of old age poverty in Portugalpor
dc.typeworking paper
dspace.entity.typePublication
rcaap.rightsopenAccesspor
rcaap.typeworkingPaperpor

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