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Assessing the wellbeing of the Spanish elderly
Boldrin, Michele; Jiménez-Martín, Sergi
Universitat Pompeu Fabra. Departament d'Economia i Empresa
In this paper we use a variety of data sources, both micro and macro, time series, crosssection, and panel data to provide an empirical evaluation of the current level of economicwellbeing of the Spanish elderly, and of its determinants. We focus, in particular on the role played by the pension system and its generosity in terms of minimum pension supplements and non-contributive pensions. In an IV context, we find that actual Social Security benefits contribute substantially to explain income and consumption poverty levels and trends of low income and consumption percentiles. Thus we offer support to previous evidence for Spain emphasizing the role of minimum benefit policies.
Labour, Public, Development and Health Economics
Statistics, Econometrics and Quantitative Methods
welfare state
social security
income inequality
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