Title: The welfare of poorer older people in Belgium and the Netherlands
Authors: CapĂ©au, Bart ×
Pacolet, Jozef #
Issue Date: 2009
Publisher: Editions du DULBEA Asbl
Series Title: Cahiers Economiques de Bruxelles - Brussels Economic Review vol:52 issue:1 pages:5-33
Abstract: On the basis of the SHARE data, we estimate age-conditional quantiles at the 5th, 10th, 15th, 20th,
25th and 50th percentile levels for equivalised gross income, net financial assets and consumption
levels, as well as for a (remaining) lifetime utility indicator of people over the age of 50 in Belgium
and the Netherlands. We conclude that the poor performance of Belgium in terms of older people’s
income, compared with the Netherlands, is mitigated when the consumption figures are considered.
However, the picture presented by the wealth figures is more diverse: the median net financial assets
position for the 55-70 age group in Belgium is higher than that in the Netherlands, but their relative
ranking on the basis of the first quartile value is reversed for several age groups. In terms of lifetime
utility, the two countries do equally well. Income and asset poverty do not seem closely related to
consumption poverty. Remarkably, the income distribution of the poorer half of older people in
Belgium turns out to be skewed to the left, but income inequality is lower in Belgium than in the
Netherlands. The reverse holds true for consumption inequality. Wealth inequality is highly skewed to
the right in both countries, but no clear conclusions can be drawn about their relative ranking in terms
of inequality.
ISSN: 0008-0195
Publication status: published
KU Leuven publication type: AT
Appears in Collections:Research Group Social and Economic Policy and Social Integration
× corresponding author
# (joint) last author

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