Association between age and subjective economic hardship across the income distribution in Europe
Ilmakunnas, Ilari; Uotinen, Joonas; Vaalavuo, Maria (2024-05-22)
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avautuu julkiseksi: 22.05.2025
Ilmakunnas, Ilari
Uotinen, Joonas
Vaalavuo, Maria
Springer
22.05.2024
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi-fe2024053142123
Social Indicators Research
https://urn.fi/URN:NBN:fi-fe2024053142123
Social Indicators Research
Tiivistelmä
Savings explain the reduced risk of subjective economic hardship in the elderly.
The study examines the association between age and the risk of subjective economic hardship and how the association varies by level of income in Europe. After considering country-level variation and individuals’ level of income, older people are less likely than younger age groups to experience subjective economic hardship. Older people’s lower risk is largely explained by their more frequent ability to use savings to maintain their standard of living.
The study examines the association between age and the risk of subjective economic hardship and how the association varies by level of income in Europe. After considering country-level variation and individuals’ level of income, older people are less likely than younger age groups to experience subjective economic hardship. Older people’s lower risk is largely explained by their more frequent ability to use savings to maintain their standard of living.
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