2023-09-28 14:46:10 +00:00
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abstract: 'This article shows how late-life incomes from work and pensions evolved
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in the United Kingdom between 1991 and 2007, the year the Great
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Recession began. Our main contribution comes from focusing on changes
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across cohorts in different educational groups while also considering
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the gender divide. Our statistical analyses based on the British
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Household Panel Survey (BHPS) suggest that deindustrialisation, the
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expansion of jobs in the knowledge economy and pension reforms affected
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senior workers'' incomes before and after retirement. Highly qualified
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senior male workers have profited from increasing income across the
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cohorts more than any other social group. Such a trend is not observed
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among highly qualified female workers. Male and female low-qualified
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senior workers do not show major income loses, but have not benefited to
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the same extent as highly educated male workers. As a result, pension
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income inequalities between highly qualified men and the rest have
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increased. The increasing pensions gap between educational groups can be
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traced back to the improving situation on the labour market for highly
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qualified male workers, and to reforms benefiting private pension
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schemes, where the highly qualified are overrepresented. Thus, the shift
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in pension provisions towards private pension schemes is clearly
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disadvantageous for low-qualified male workers and for women of all
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educational levels, and contributes to the increase of social
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inequalities.'
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affiliation: 'Veira-Ramos, A (Corresponding Author), Univ Carlos III Madrid, Dept
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Anal Social, Madrid, Spain.
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Veira-Ramos, Alberto, Univ Carlos III Madrid, Dept Anal Social, Madrid, Spain.
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Schmelzer, Paul, Deutsch Inst Wirtschaftsforsch DIW, Berlin, Germany.'
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article-number: PII S0144686X21000581
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author: Veira-Ramos, Alberto and Schmelzer, Paul
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author-email: alberto.veira@uc3m.es
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author_list:
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- family: Veira-Ramos
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given: Alberto
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- family: Schmelzer
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given: Paul
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da: '2023-09-28'
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doi: 10.1017/S0144686X21000581
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earlyaccessdate: MAY 2021
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eissn: 1469-1779
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files: []
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issn: 0144-686X
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journal: AGEING \& SOCIETY
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keywords: 'ageing; income inequalities; gender inequalities; pension income;
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deindustrialisation; knowledge-based economy'
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keywords-plus: 'OLDER WORKERS; EMPLOYMENT; UK; POLICY; GLOBALIZATION; PENSIONS;
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UNEMPLOYMENT; PROSPECTS; BRITAIN; GENDER'
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language: English
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month: FEB
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number: '2'
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number-of-cited-references: '97'
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pages: 393-420
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papis_id: ba177f19273c33d7ebcf1b390b2b9a59
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ref: Veiraramos2023incomegrowth
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times-cited: '1'
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title: 'Income growth in the United Kingdom during late career and after retirement:
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growing inequalities after deindustrialisation, educational expansion and development
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of the knowledge-based economy'
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2023-10-01 08:15:07 +00:00
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type: article
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2023-09-28 14:46:10 +00:00
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unique-id: WOS:000742543600001
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usage-count-last-180-days: '0'
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usage-count-since-2013: '4'
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volume: '43'
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web-of-science-categories: Gerontology
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year: '2023'
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