Retirement and the Poverty of the Elderly: The Case of Portugal
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This 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.
2015 ◽
Vol 22
(2)
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pp. 199-212
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2021 ◽
2006 ◽
Vol 63
(5)
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pp. 1246-1261
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1999 ◽
Vol 52
(1)
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pp. 1-17
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