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Gendered Poverty Perceptions: How Do Retired Women Fare?

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  • Bomikazi Zeka

    (Canberra Business School, Faculty of Business, Government and Law, University of Canberra, 11 Kirinari Street, Canberra 2617, Australia)

Abstract

This paper examines the poverty perceptions of retired women by assessing the extent to which demographic characteristics, economic considerations, household adequacy levels and satisfaction measures influence perceptions of poverty. Based on data from a South African national survey, binomial logistic regression models were employed, whereby demographic characteristics (first level variables) were assessed relative to the respondents’ poverty perceptions. Thereafter, economic considerations (second level variables) were included in the model to draw more inferences on the conditions leading to poverty perceptions. Finally, respondents’ household adequacy levels and satisfaction measures (third level variables) were nested into the model for a complete investigation of the antecedents of poverty perceptions. Many of the retired women in this study perceive themselves to be impoverished or at risk of poverty. The results indicate that marital status and education levels have a significant influence on perceptions of poverty. Furthermore, the study found that monetary measures do not sufficiently explain the pathway leading to retirement poverty perceptions. Instead, perceptions of financial security and the satisfaction with one’s standard of living influence gendered poverty perceptions. This study advances our understanding of the conditions influencing the poverty perceptions of retired women. As most of the respondents in this sample rely on the government for financial support, this study provides pertinent suggestions to government agencies on the conditions associated with gendered poverty perceptions at retirement.

Suggested Citation

  • Bomikazi Zeka, 2022. "Gendered Poverty Perceptions: How Do Retired Women Fare?," Risks, MDPI, vol. 10(2), pages 1-15, January.
  • Handle: RePEc:gam:jrisks:v:10:y:2022:i:2:p:29-:d:736451
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    References listed on IDEAS

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    1. Truc Thi Mai Bui & Patrick Button & Elyce G. Picciotti, 2020. "Early Evidence on the Impact of COVID-19 and the Recession on Older Workers," NBER Working Papers 27448, National Bureau of Economic Research, Inc.
    2. Ian Burn & Patrick Button & Theodore F. Figinski & Joanne Song McLaughlin, 2020. "Why Retirement, Social Security, and Age Discrimination Policies Need to Consider the Intersectional Experiences of Older Women," NBER Working Papers 27450, National Bureau of Economic Research, Inc.
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