000 01649nam a22001577a 4500
999 _c528147
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100 _aChae, Seyoung and Heshmati, Almas
_959523
245 _aThe effects of lifetime work experience on incidence and severity of elderly poverty in Korea
260 _aJournal of Social and Economic Development
300 _a26(2), Aug, 2024: p.521-554
520 _aThis study investigates the characteristics that contribute to elderly poverty, mainly focusing on individuals’ lifetime work experience. It adopts the heterogeneous relative poverty line. It calculates the work experience and obtains demographic variables using the Korean Labor and Income Panel Study’s survey data for 2006, 2009, 2012 and 2015. The objective is to estimate poverty among elderly and explain its variations in relation to individual characteristics and lifetime work experience. Poverty is measured in terms of the head count, poverty gap and the poverty severity indices based on monetary dimensions, namely income and consumption. The methodology used in this study is a logit model to explain the incidence of poverty and a sample selection model to analyze the depth and severity of poverty. The results show that an increase in the total work years and a decrease in the gap years between jobs reduce incidence and depth of poverty.- Reproduced https://link.springer.com/article/10.1007/s40847-023-00278-5
650 _aPoverty gap, Poverty severity, Lifetime work experience, Gap years between jobs.
_948766
773 _aJournal of Social and Economic Development
906 _aPOVERTY
942 _cAR