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The Gender Gap In Private Pensions

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  • Elena Bardasi
  • Stephen P. Jenkins

Abstract

In many western countries, older women receive considerably less private pension income than older men on average. We analyse this differential in Britain, examining differences between the sexes both in private pension coverage and in pension income conditional on receipt. Using regression‐based decompositions, we show that both gender gaps are associated mainly with differences in returns to personal characteristics rather than with differences in personal characteristics per se.

Suggested Citation

  • Elena Bardasi & Stephen P. Jenkins, 2010. "The Gender Gap In Private Pensions," Bulletin of Economic Research, Wiley Blackwell, vol. 62(4), pages 343-363, October.
  • Handle: RePEc:bla:buecrs:v:62:y:2010:i:4:p:343-363
    DOI: 10.1111/j.1467-8586.2009.00336.x
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    Cited by:

    1. Danzer, Alexander M. & Dolton, Peter & Bondibene, Chiara Rosazza, 2016. "Who wins? Evaluating the impact of UK public sector pension scheme reforms," National Institute Economic Review, National Institute of Economic and Social Research, vol. 237, pages 38-46, August.
    2. Carole Bonnet & Dominique Meurs & Benoît Rapoport, 2016. "Gender inequalities in pensions: Are determinants the same in the private and public sectors?," EconomiX Working Papers 2016-8, University of Paris Nanterre, EconomiX.
    3. Carole Bonnet & Dominique Meurs & Benoît Rapoport, 2018. "Gender inequalities in pensions: different components similar levels of dispersion," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 16(4), pages 527-552, December.
    4. Daniela Mantovani & Fotis Papadopoulos & Holly Sutherland & Panos Tsakloglou, 2006. "Pension Incomes in the European Union: Policy Reform Strategies in Comparative Perspective," Research in Labor Economics, in: Micro-Simulation in Action, pages 27-71, Emerald Group Publishing Limited.
    5. Jean Gardiner & Andrew M Robinson & Fathi Fakhfakh, 2016. "Exploring the private pension gender gap and occupation in later working life," Work, Employment & Society, British Sociological Association, vol. 30(4), pages 687-707, August.
    6. Maria Evandrou & Jane Falkingham & Tom Sefton, 2009. "Women’s family histories and incomes in later life in the UK, US and West Germany," CASE Papers case138, Centre for Analysis of Social Exclusion, LSE.
    7. Sefton, Tom & Evandrou, Maria & Falkingham, Jane, 2008. "Family ties: women’s work and family histories and their association with incomes in later life in the UK," LSE Research Online Documents on Economics 23983, London School of Economics and Political Science, LSE Library.
    8. Roberto Leombruni & Michele Mosca, 2011. "The lifetime gender gap in Italy. Do the pension system countervails labour market outcomes?," LABORatorio R. Revelli Working Papers Series 113, LABORatorio R. Revelli, Centre for Employment Studies.
    9. Maria Evandrou & Jane Falkingham & Tom Sefton, 2009. "The relationship between women’s work histories and incomes in later life in the UK, US and West Germany," CASE Papers case137, Centre for Analysis of Social Exclusion, LSE.
    10. Nolan, Anne & Whelan, Adele & McGuinness, Seamus & Maître, Bertrand, 2019. "Gender, pensions and income in retirement," Research Series, Economic and Social Research Institute (ESRI), number RS87.
    11. Evandrou, Maria & Falkingham, Jane & Sefton, Tom, 2009. "Women's family histories and incomes in later life in the UK, US and West Germany," LSE Research Online Documents on Economics 43864, London School of Economics and Political Science, LSE Library.
    12. Leombruni Roberto & Mosca Michele, 2013. "The lifetime gender gap in Italy. Does the pension system countervail labour market outcomes?," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201302, University of Turin.
    13. Velma Pijalovic & Lejla Lazovic-Pita & Almir Pestek, 2021. "Pension reform in (F)BH with a special focus on gender issue," Public Sector Economics, Institute of Public Finance, vol. 45(3), pages 305-328.
    14. Evandrou, Maria & Falkingham, Jane & Sefton, Tom, 2009. "Women's family histories and incomes in later life in the UK, US and West Germany," LSE Research Online Documents on Economics 28242, London School of Economics and Political Science, LSE Library.
    15. Alison Preston & Robert E. Wright, 2023. "Gender, Financial Literacy and Pension Savings," The Economic Record, The Economic Society of Australia, vol. 99(324), pages 58-83, March.
    16. Maria Evandrou & Jane Falkingham & Tom Sefton, 2008. "Family ties: Women’s work and family histories and their association with incomes in later life in the UK," CASE Papers case135, Centre for Analysis of Social Exclusion, LSE.
    17. Christina Behrendt & John Woodall, 2015. "Pensions and other social security income transfers," Chapters, in: Janine Berg (ed.), Labour Markets, Institutions and Inequality, chapter 9, pages 242-262, Edward Elgar Publishing.
    18. repec:cep:sticas:/135 is not listed on IDEAS
    19. Evandrou, Maria & Falkingham, Jane & Sefton, Tom, 2009. "The relationship between women’s work histories and incomes in later life in the UK, US and West Germany," LSE Research Online Documents on Economics 43863, London School of Economics and Political Science, LSE Library.
    20. Carla Rowold, 2024. "Full-time employment is all that matters? Quantifying the role of relevant and gender-exclusive life course experiences for gender inequalities," MPIDR Working Papers WP-2024-021, Max Planck Institute for Demographic Research, Rostock, Germany.
    21. Evandrou, Maria & Falkingham, Jane & Sefton, Tom, 2009. "The relationship between women's work histories and incomes in later life in the UK, US and West Germany," LSE Research Online Documents on Economics 28243, London School of Economics and Political Science, LSE Library.
    22. Anna Veremchuk, 2020. "Gender Gap In Pension Income: Cross-Country Analysis And Role Of Gender Attitudes," University of Tartu - Faculty of Economics and Business Administration Working Paper Series 126, Faculty of Economics and Business Administration, University of Tartu (Estonia).
    23. Laure Doctrinal, 2023. "What Drives Long-Term Trends in Newly Retired Women’s and Men’s Economic Independence? An Analysis of Contemporary and Historical Determinants," LIS Working papers 861, LIS Cross-National Data Center in Luxembourg.

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