Arbeitspapier
What makes old-age poverty in East Asian societies so high?
This study compares poverty among older adults in China, Japan, Korea, and Taiwan with that in selected Western societies and explores factors contributing to these high levels of poverty among older adults from a comparative perspective. Lower education levels of older people contribute to high poverty among East Asian older people while multigenerational living arrangements work toward lowering the poverty rate. Among income sources, low levels of income from public transfer programs account for high old-age poverty although high levels of market income and private transfer income partly offset this among older people. Meanwhile, taking account of financial assets and home ownership does not change the comparative features of high old-age poverty among East Asian older people. Our analyses suggest that the future prospect of economic well-being among older people in the region largely hinges on the further development of welfare state programs for older people.
- Language
-
Englisch
- Bibliographic citation
-
Series: LIS Working Paper Series ; No. 842
- Classification
-
Wirtschaft
- Subject
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Armut
Soziale Lage
Ältere Menschen
Vergleich
Ostasien
Westliche Staaten
- Event
-
Geistige Schöpfung
- (who)
-
Ku, Inhoe
Lee, Wonjin
Abe, Aya
Mengbing, Zhu
Li, Shi
Yeh, Chungyang
Kim, Dongjin
- Event
-
Veröffentlichung
- (who)
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Luxembourg Income Study (LIS)
- (where)
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Luxembourg
- (when)
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2022
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Ku, Inhoe
- Lee, Wonjin
- Abe, Aya
- Mengbing, Zhu
- Li, Shi
- Yeh, Chungyang
- Kim, Dongjin
- Luxembourg Income Study (LIS)
Time of origin
- 2022
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