Individual and Contextual Correlates of Economic Difficulties in Old Age in Europe
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With data drawn from the second public release version of the “Survey of Health, Aging and Retirement in Europe” (SHARE), we scrutinize individual and contextual (regional) correlates of economic difficulties among older Europeans, aged 65 or more. A logistic multi-level regression model with random intercept shows that the risk of being relatively poor varies considerably among the aged. We verified that the factors affecting poverty in each area are not merely the weighted sum of the effect of the more disadvantaged people within the same area, which also exists: poverty appears also significantly influenced by the specific context of residence.
KeywordsPoor elderly Europe Multilevel approach
Financial support from the UE—Sixth Framework Programme: “Major Ageing and Gender Issues in Europe—MAGGIE” (Contract no.: CIT5—028571) and from the Italian Ministry of University and Scientific Research (MiUR) is gratefully acknowledged. We thank Elena Pirani (University of Florence), Giambattista Salinari (University of Florence), Silvana Salvini (University of Florence), Maria Letizia Tanturri (University of Pavia), as well as two anonymous reviewers of this journal for their comments on earlier drafts. We are also indebted with Omar Paccagnella (University of Padua) for useful technical suggestions.
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