Cross-National Comparison of Income and Wealth Status in Retirement: First Results from the Luxembourg Wealth Study (LWS)

46 Pages Posted: 15 Nov 2008

See all articles by Eva Sierminska

Eva Sierminska

LISER; DIW Berlin - German Socio-Economic Panel Study (SOEP); IZA Institute of Labor Economics

Andrea Brandolini

Bank of Italy

Timothy M. Smeeding

University of Wisconsin - Madison

Multiple version iconThere are 2 versions of this paper

Date Written: February 2007

Abstract

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)...

Suggested Citation

Sierminska, Eva and Brandolini, Andrea and Smeeding, Timothy M., Cross-National Comparison of Income and Wealth Status in Retirement: First Results from the Luxembourg Wealth Study (LWS) (February 2007). Available at SSRN: https://ssrn.com/abstract=1299218 or http://dx.doi.org/10.2139/ssrn.1299218

Eva Sierminska (Contact Author)

LISER ( email )

3, avenue de la Fonte
Esch-sur-Alzette, L-4364
Luxembourg

HOME PAGE: http://www.sierminska.eu

DIW Berlin - German Socio-Economic Panel Study (SOEP)

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Germany

IZA Institute of Labor Economics ( email )

P.O. Box 7240
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Andrea Brandolini

Bank of Italy ( email )

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Italy
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+390647923720 (Fax)

Timothy M. Smeeding

University of Wisconsin - Madison ( email )

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United States
608-890-1317 (Phone)
608-265-3119 (Fax)

HOME PAGE: http://www.lafollette.wisc.edu/facultystaff/smeeding-timothy.html

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