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Title: Including assets in old age poverty research: How does it change the picture?
Authors: Verpoorten, Rika
Issue Date: 2013
Conference: IMPALLA-ESPANET International Conference “Building blocks for an inclusive society: Empirical evidence from social policy research” location:Esch, Luxembourg date:18-19 April 2013
Abstract: In light of population ageing, debates concerning the income protection of the elderly population are high on the agenda of researchers and policy makers. One closely related item of discussion concerns the increasing focus on the contribution of private income sources (housing and financial assets) to old age income protection. The question can be posed to what extent these sources contribute to safeguarding the social adequacy of old age income and provide additional protection against old age poverty. Based on data from the Survey of Health, Ageing and Retirement in Europe for Belgium, the Netherlands, France and Germany, we investigate the contribution of wealth from housing and financial assets to old age income and whether this gives new insights in old age poverty. In doing so, financial assets are transposed to fictitious annuities and a reverse mortgage simulation is made to calculate the contribution of property assets.
Publication status: published
KU Leuven publication type: IMa
Appears in Collections:Centre for Sociological Research

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