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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP47 |
DP47 The Economics of Old Age in Britain: A Long-Run View, 1881-1981 | |
Paul A Johnson | |
发表日期 | 1985-02-01 |
出版年 | 1985 |
语种 | 英语 |
摘要 | The substantial rise in the proportion of elderly (65+) people in the British population over the last hundred years has been matched by a dramatic fall in labour-force participation rates among the elderly. Some commentators see the reduction in work opportunities for the eldery and their increasing reliance on state pensions to avoid poverty as a deliberate construct of successive governments. This paper shows that the economic dependency of the elderly is more clearly a function of long-established employment practices and patterns of asset accumulation. Information drawn from the decennial censuses since 1881 on the occupations of elderly males shows a consistent marginalization of elderly workers in low-wage, low-status occupations. Data on asset-holdings demonstrate that the elderly have a high probability of spending their last years in poverty. This casts doubt on the appropriateness of the life-cycle savings model as a description of the savings behaviour of most workers in 20th century Britain. |
关键词 | Old age Retirement Saving Uk economic history |
URL | https://cepr.org/publications/dp47 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529203 |
推荐引用方式 GB/T 7714 | Paul A Johnson. DP47 The Economics of Old Age in Britain: A Long-Run View, 1881-1981. 1985. |
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