Intra-household Pension Gender Gap in Europe: Does Economic Independence Correlate with Life Satisfaction for Europeans Aged Sixty-five Plus?

By Platon Tinios, Antigone Lyberaki and Thomas Georgiadis.

Published by The International Journal of Aging and Society

Format Price
Article: Print $US10.00
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

The International Journal of Aging and Society, Volume 5, Issue 3, September 2015, pp.49-64. Article: Print (Spiral Bound). Published online: June 5, 2015 (Article: Electronic (PDF File; 581.173KB)).

Platon Tinios

Assistant Professor, Department of Statistics and Insurance Science, Piraeus University, Piraeus, Greece

Prof. Antigone Lyberaki

Professor, Department of Economics and Regional Development, Panteion University, Athens, Greece

Thomas Georgiadis

Ph.D Candidate, Department of Economics and Regional Development, Panteion University, Athens, Greece