European welfare state regimes and their generosity towards the elderly

Börsch-Supan, Axel

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URL:	https://ub-madoc.bib.uni-mannheim.de/1557
URN:	urn:nbn:de:bsz:180-madoc-15571
Document Type:	Working paper
Year of publication:	2007
The title of a journal, publication series:	MEA Discussion Papers
Volume:	128
Place of publication:	Mannheim
Edition:	Version Juli 2006
Publication language:	English
Institution:	School of Law and Economics > Sonstige - Fakultät für Rechtswissenschaft und Volkswirtschaftslehre
MADOC publication series:	Veröffentlichungen des MEA (Mannheim Research Institute For the Economics of Aging) > MEA Discussion Papers
Subject:	300 Social sciences, sociology, anthropology
Subject headings (SWD):	Wohlfahrt , Europa , SHARE <Projekt> , Europäische Union / Statistisches Amt
Abstract:	The paper examines the generosity of the European welfare state towards the elderly. It shows how various dimensions of the welfare regimes have changed during the recent 10-15 years and how this evolution was related to the process of economic integration. Dimensions include general generosity towards the elderly and more specifically generosity towards early retirement and generosity towards the poor. Using aggregate data (EUROSTAT, OECD) as well as individual data (SHARE, the new Survey of Health, Ageing and Retirement in Europe), the paper looks at the statistical correlations among those types of system generosity and actual policy outcomes, such as unemployment and poverty rates among the young and the elderly, and the inequality in wealth, income and consumption. While the paper is largely descriptive, we also try to understand which economic and political forces drive social expenditures for the elderly in the European Union and whether spending for the elderly crowds out spending for the young.