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Age-Specific Income Trends in Europe: The Role of Employment, Wages, and Social Transfers.
Hammer, Bernhard; Spitzer, Sonja; Prskawetz, Alexia.
  • Hammer B; TU Wien, Institute of Statistics and Mathematical Methods in Economics and Wittgenstein Centre for Demography and Global Human Capital (IIASA, OeAW, University of Vienna), Vienna, Austria.
  • Spitzer S; University of Vienna, Department of Demography, Wittgenstein Centre for Demography and Global Human Capital (IIASA, OeAW, University of Vienna), Vienna, Austria.
  • Prskawetz A; TU Wien, Institute of Statistics and Mathematical Methods in Economics and Wittgenstein Centre for Demography and Global Human Capital (IIASA, OeAW, University of Vienna), Vienna, Austria.
Soc Indic Res ; 162(2): 525-547, 2022.
Article in English | MEDLINE | ID: covidwho-1906454
ABSTRACT
This study analyses age-specific differences in income trends in nine European countries. Based on data from National Accounts and the European Union Statistics on Income and Living Conditions, we quantify age-specific changes in income between 2008 and 2017 and decompose these changes into employment, wages, and public transfer components. Results show that income of the younger age groups stagnated or declined in most countries since 2008, while income of the older population increased. The decomposition analysis indicates that the main drivers of the diverging trends are higher employment among the older population and a strong increase in public pensions, especially for women. Supplementary Information The online version contains supplementary material available at 10.1007/s11205-021-02838-w users.
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Full text: Available Collection: International databases Database: MEDLINE Type of study: Experimental Studies / Randomized controlled trials Language: English Journal: Soc Indic Res Year: 2022 Document Type: Article Affiliation country: S11205-021-02838-w

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Full text: Available Collection: International databases Database: MEDLINE Type of study: Experimental Studies / Randomized controlled trials Language: English Journal: Soc Indic Res Year: 2022 Document Type: Article Affiliation country: S11205-021-02838-w