Cross-National Comparison of Income and Wealth Status in Retirement: First Results from the Luxembourg Wealth Study (LWS)
CEPS/INSTEAD; DIW Berlin - German Socio-Economic Panel Study (SOEP)
Bank of Italy
Timothy M. Smeeding
University of Wisconsin - Madison, Robert M. La Follette School of Public Affairs
This paper provides a first glance at the role of income and wealth in comparing economic security of older persons in the United States in cross-national perspective. We compare our elders to those in six other rich OECD countries (Canada, Finland, Germany, Italy, Sweden, and the United Kingdom). These countries have diverse social policy systems, with respect to both social insurance and public assistance; and they have very different patterns of private wealth holding. The paper is based on a new source of wealth micro data, known as the Luxembourg Wealth Study (LWS)...
Number of Pages in PDF File: 46working papers series
Date posted: November 15, 2008
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