We examine the gender wealth gap with a focus on pension wealth and statutory pension rights. By taking into account employment characteristics of women and men, we are able to identify the extent to which the redistributive effect of pension rights reduces the gender wealth gap. The data for our analysis come from the German Socio-Economic Panel (SOEP), one of the few surveys that collects information on wealth and pension entitlements at the individual level.
View Article and Find Full Text PDFJ Gerontol B Psychol Sci Soc Sci
May 2009
Objectives: We assess the income and wealth packages of older women's (age 65+ years) households and the extent to which low income is paired with low wealth, across a group of six high-income countries.
Methods: We use data on income and net worth from the Luxembourg Wealth Study, a new cross-national microdatabase. We define income poverty as having household income less than 50% of the national median and asset poverty as holding financial assets equivalent to less than 6 months of income at the poverty threshold.