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ELDERLY AND NON‐ELDERLY IN THE EUROPEAN UNION: A COMPARISON OF LIVING STANDARDS
Author(s) -
Tsakloglou Panos
Publication year - 1996
Publication title -
review of income and wealth
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.024
H-Index - 57
eISSN - 1475-4991
pISSN - 0034-6586
DOI - 10.1111/j.1475-4991.1996.tb00183.x
Subject(s) - european union , economics , standard of living , international trade , market economy
The paper compares the living standards of the elderly vis‐a‐vis the rest of the population in EU countries in the late 1980s using the data of Household Budget Surveys. Elderly and non‐elderly are compared in terms of consumption expenditure, income and non‐monetary indicators of welfare. The results show that in all EU countries the non‐elderly are better‐off than the elderly. In some countries the differences in the living standards of the two groups are marginal, whereas in others they are substantial. These differences tend to be larger in the Southern European EU countries (with the exception of Spain) and smaller in the Northern European EU countries (with the exception of the U.K.).