G2TT
来源类型Discussion paper
规范类型论文
来源IDDP47
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
URLhttps://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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