Older Women's Income and Wealth Packages in Cross-National Perspective

Posted: 8 Mar 2010

See all articles by Timothy M. (Tim) Smeeding

Timothy M. (Tim) Smeeding

Robert M. La Follette School of Public Affairs, University of Wisconsin - Madison

Janet C. Gornick

The Graduate Center / City University of New York; Luxembourg Income Study (LIS)

Eva Sierminska

LISER; DIW Berlin - German Socio-Economic Panel Study (SOEP); IZA Institute of Labor Economics

Maurice Leach

City University of New York - Department of Political Science

Date Written: February 1, 2008

Abstract

In this report, we assess the economic well-being of elderly women in cross-national perspective, comparing the United States to four other rich countries: the United Kingdom, Germany, Italy, and Sweden. These countries constitute an illuminating group, as they have diverse social policy systems, with respect to both social insurance and public assistance; and they have very different patterns of private wealth holding.

Using the Luxembourg Wealth Study (LWS) which contains harmonized wealth micro-datasets from a number of industrialized countries, we analyze the income and wealth packages of older women's households, across these five countries. Our primary focus is on wealth, including both financial and non-financial assets. The LWS findings that we report are supplemented by results on older women's employment rates from the longstanding LIS income datasets and by a new institutional database which we have developed for LWS users.

Suggested Citation

Smeeding, Timothy M. (Tim) and Gornick, Janet C. and Sierminska, Eva and Leach, Maurice, Older Women's Income and Wealth Packages in Cross-National Perspective (February 1, 2008). Available at SSRN: https://ssrn.com/abstract=1548454

Timothy M. (Tim) Smeeding (Contact Author)

Robert M. La Follette School of Public Affairs, University of Wisconsin - Madison ( email )

1180 Observatory Drive
Madison, WI 53706-1393
United States
608-890-1317 (Phone)
608-265-3119 (Fax)

HOME PAGE: http://www.lafollette.wisc.edu/facultystaff/smeeding-timothy.html

Janet C. Gornick

The Graduate Center / City University of New York ( email )

365 Fifth Avenue
Room 6203.07
New York, NY 10016
United States
212 817 1872 (Phone)
212 817 1864 (Fax)

Luxembourg Income Study (LIS)

17 Rue de Pommiers
L-2343 Luxembourg
Luxembourg
+352 26 00 30 20 (Phone)

Eva Sierminska

LISER ( email )

3, avenue de la Fonte
Esch-sur-Alzette, L-4364
Luxembourg

HOME PAGE: http://www.sierminska.eu

DIW Berlin - German Socio-Economic Panel Study (SOEP)

Mohrenstra├če 58
Berlin, 10117
Germany

IZA Institute of Labor Economics ( email )

P.O. Box 7240
Bonn, D-53072
Germany

Maurice Leach

City University of New York - Department of Political Science ( email )

New York, NY
United States

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