Age-Specific Income Trends in Europe: The Role of Employment, Wages, and Social Transfers

This study analyses age-specific differences in income trends in nine European countries. Based on data from National Accounts and the European Union Statistics on Income and Living Conditions, we quantify age-specific changes in income between 2008 and 2017 and decompose these changes into employment, wages, and public transfer components. Results show that income of the younger age groups stagnated or declined in most countries since 2008, while income of the older population increased. The decomposition analysis indicates that the main drivers of the diverging trends are higher employment among the older population and a strong increase in public pensions, especially for women.

How Inclusive are the Local Economic Impacts of Social Protection in Uganda?

Inclusive growth and development are essential for the sustainability of poverty reduction and growth. Social protection has been promoted as part of the inclusive growth and development agenda by emphasising the positive impacts of social transfers on people’s participation in economic processes. However, the focus on the positive economic impacts of social transfers has led to the neglect of concerns regarding inequality of opportunity. Taking the case of Uganda’s Senior Citizens Grant, this paper critically assesses how inclusive the impacts of social transfers are on economic processes. This is done by examining the extent to which local economic structures interplay with the impacts of the Grant. Based on a qualitative case study design, the analysis reveals that the scheme has unwittingly reinforced spatial patterns of economic exclusion and disadvantage. Recipients in remote areas are more likely to stay or fall back into poverty compared to people in integrated areas. For social transfers to contribute to inclusive growth and development for all, it will be vital to invest in complementary development interventions in economically disadvantaged areas.

Russia's falling population cannot meet labour needs

Significance Demographic decline now appears inevitable, leading to a smaller, less productive working-age population. In addition to short-term disruptions caused by pandemic-related restrictions, lasting structural changes in the labour market are becoming evident, prompted by shifts in consumption patterns, rising demand for higher-skilled labour and greater remote working. Impacts Higher long-term unemployment will increase the need for social transfers, putting a further strain on federal funds. The ageing labour force will need retraining to shore up productivity levels. Greater remote working will increase the digital gap between higher- and lower-paid workers.

THE RISK OF POVERTY OF HOUSEHOLDS WITH PEOPLE WITH DISABILITIES

The article aims at analysing available statistical data on the poverty risk of households of people with disabilities. The analyses indicate that incomes in households of people with disabilities is largely dependent on social transfers and its dynamics is much lower than in households of people without disabilities. The income level largely protects against extreme poverty, but the exposure to re7lative poverty has been increasing steadily over the last decade. Comparing the structure of expenditure in households of people with and without disabilities, a higher level of expenditure on health-related needs is observed. This is a rationale for a higher threshold of access to family benefits for these households.

A cost-effectiveness analysis of social transfers on human capital accumulation

The paper reports on an ex-ante evaluation of the long-term effect of the Ecuadorian social transfer programme called “Bono de Desarrollo Humano (BDH)” on human capital accumulation. A dynamic cohort microsimulation model is used to analyse for cost-effectiveness of different policy scenarios. Results show that cash transfers do promotehuman capital accumulation but with rather small effect. Transfers targeted at critical ages are the most cost-effective to promote human capital accumulation

Inequality Dynamics in Malta: Cracks, Blips and Long-Term Trends

This study analyses changes in income inequality in Malta and its driving factors between 2005 and 2018. The study employs and analyses data collected by Malta’s National Statistics Office, which conforms with the European Union Survey on Income and Living Conditions. Education and labour status are identified as key drivers behind income inequality changes over the period under review. While the Gini coefficient remained relatively stable between 2005 and 2018, the Lorenz curve moved further away from the line of equality at the upper end of the income distribution, showing modest increases. Over the 2014-2018 period, Government intervention has been mildly neutralizing through social transfers but not through taxes. Social transfers provided a greater safety net to citizens than they did during the 2005-2009 period, whereas tax reforms have abraded some tax progressivity. We also find that inequality was mostly attributed to differences in the individual’s qualifications, hours worked, occupations, and household employment structure and size, highlighting an important role for policy to further reduce the barriers to economic inclusion.