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Factors Determining Gender Pension Gap In Europe: A Cross National Study

Author

Listed:
  • M. Mavrikiou, Petroula

    (Frederick University, School of Business and Law, Cyprus)

  • Angelovsk, Julijana

    (University of Tourism and Management in Skopje, Faculty of Economics, Republic of North Macedonia.)

Abstract

The objective of this paper is to investigate the factors that determine the gender pension gap in Europe. In particular, we focus on understanding how and which risk factors create the pension gap among the two genders. To extract the risk factors that determine the gender pension in Europe, we use EU-SILC and LFS data from Eurostat. For our analysis we engage descriptive and inferential statistics and the software IBM SPSS. EU countries are clustered in two groups based on the gender pension gap. Women working part time, and gender differences in working life duration, were found to be the two most significant factors that determine the pension gap. Gender pay gap, was not found to be significant due to the paradox that some countries exhibit, high gender pay gap and low pension gap.

Suggested Citation

  • M. Mavrikiou, Petroula & Angelovsk, Julijana, 2020. "Factors Determining Gender Pension Gap In Europe: A Cross National Study," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, vol. 11(2), pages 151-160.
    • Handle: RePEc:ris:utmsje:0293
    as

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    References listed on IDEAS

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    More about this item

    Keywords

    gender pension gap; gender pay gap; working life patterns; gender differences;
    All these keywords.

    JEL classification:

    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • N30 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - General, International, or Comparative

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