|Published online: June 5, 2015||$US5.00|
For the population aged over 65 years, pensions are the single-most important source of income. Given that pensions accrue to individuals rather than households, they are the main determinant of economic independence in the household i.e. between spouses. This paper utilises microdata from the Survey of Health, Ageing and Retirement in Europe (SHARE) for thirteen European countries to derive a measure of pension inequality within the household – the intra-household pension gender gap- which compares each woman to her own spouse rather than to the population average. The paper examines whether this gap correlates with direct measures of life satisfaction, taking into account other influences on life satisfaction such as health and socioeconomic factors (but no other correlates), as well as some of the causes generating the intra-household pension gender gap such as assortative mating.
|Keywords:||Pensions, Gender, Europe, Life Satisfaction|
Assistant Professor, Department of Statistics and Insurance Science, Piraeus University, Piraeus, Greece
Professor, Department of Economics and Regional Development, Panteion University, Athens, Greece
Ph.D Candidate, Department of Economics and Regional Development, Panteion University, Athens, Greece