Search Results
Title: Changes in Income Inequality During Old Age
Resulting in 1 citation.
| 1. |
Pampel, Fred C. Hardy, Melissa A. |
|
Changes in Income Inequality During Old Age Research in Social Stratification and Mobility 13 (1994): 239-263 Cohort(s): Older Men Publisher: JAI Press, Inc. Keyword(s): Age and Ageing; Educational Attainment; Family Income; Income Dynamics/Shocks; Income Level; Mothers, Education; Occupational Status; Racial Differences; Transfers, Financial; Transfers, Public; Underreporting; Wage Dynamics Do withdrawal from the labor force and increased reliance on public transfers during old age change the level of income inequality generated by market forces during the pre-retirement years? Despite competing claims that inequality during old age is (I) maintained by advantages accumulated during middle age, (2) reduced by public transfers, or (3) increased by differential access to social protection, few studies compare inequality within cohorts before and after the transition to old age and retirement. Using the National Longitudinal Survey of Older Men from 1966 to 1981, this paper examines changes in the distribution of market, transfer, and total family income (including adjustments for family size, underreporting, and assets). It also compares the contribution of status background variables--occupational status, education, and race--to income inequality across years, ages, and work statuses. The results show increases in inequality as the men grow older and withdraw from the labor force, and indicate the contribution of status background to inequality remains strong. Although public retirement transfers are progressively distributed, they fail to counter other pressures toward greater social inequality. |
|
|
Bibliography Citation
Pampel, Fred C. and Melissa A. Hardy. "Changes in Income Inequality During Old Age." Research in Social Stratification and Mobility 13 (1994): 239-263.
|