Retirement and the Poverty of the Elderly: The Case of Portugal
AbstractThis article discusses whether transition to retirement may be associated with a greater probability of becoming poor. Having recourse to the European Community Household Panel (ECHP) for Portugal, the analysis is focused on a sample of individuals who retired in the period 1994-2001. Longitudinal analysis focuses upon income changes upon entering retirement. We relate the dynamics of household income changes for people who retire to personal and household characteristics. A multivariate probit model of the probability of low income at the time of retirement, conditional on not having a low income prior to retirement, is then put forward.
How to Cite
Albuquerque, P. C., Arcanjo, M., Escária, V. M., Nunes, F. J., & Pereirinha, J. A. (2011). Retirement and the Poverty of the Elderly: The Case of Portugal. Journal of Income Distribution®, 19(3-4). https://doi.org/10.25071/1874-6322.17797