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Generations and the Distribution of Economic Well-Being: A Cross-National View

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  • Dennis Sullivan
  • Timothy Smeeding

Abstract

This paper explores differences in economic well-being across cohorts of the population in four modern nations (Canada, Sweden, United Kingdom, and United States). It focuses on relative incomes within countries, poverty rates and social expenditures by age group over the 1974 to 1994 period. Cross-national patterns of level (most recent years data) and trend are both explored. This work follows in the long tradition of Richard Easterlin to examine patterns of economic change over the life cycle from a cross-national perspective. Ultimately, economists are primarily interested in the ways in which individuals respond to economic conditions in terms of choice of housing arrangements, marriage, childbearing, and work status. Our work will eventually explore each of these arenas from a cross-national perspective. This paper should therefore be seen as an appetizer for a wider range of in-depth explorations to follow.

Suggested Citation

  • Dennis Sullivan & Timothy Smeeding, 1998. "Generations and the Distribution of Economic Well-Being: A Cross-National View," LIS Working papers 173, LIS Cross-National Data Center in Luxembourg.
    • Handle: RePEc:lis:liswps:173
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    Cited by:

    1. Esa Karonen & Mikko Niemelä, 2020. "Life Course Perspective on Economic Shocks and Income Inequality Through Age‐Period‐Cohort Analysis: Evidence From Finland," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 66(2), pages 287-310, June.
    2. Lars Osberg, 2003. "Long Run Trends in Income Inequality in the United States, UK, Sweden, Germany and Canada: A Birth Cohort View," Eastern Economic Journal, Eastern Economic Association, vol. 29(1), pages 121-141, Winter.
    3. Cherchye, Laurens & De Rock, Bram & Vermeulen, Frederic, 2012. "Economic well-being and poverty among the elderly: An analysis based on a collective consumption model," European Economic Review, Elsevier, vol. 56(6), pages 985-1000.
    4. Amanor-Boadu, Vincent & Zereyesus, Yacob Abrehe & Ross, Kara L., 2009. "Distribution of Local Government Revenue Sources and Citizen Well-Being," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 46828, Southern Agricultural Economics Association.
    5. Fernando MESA PARRA, 2015. "An Overlapping Generation Model of Labour Productivity and Economic Growth in Colombia," Archivos de Economía 13009, Departamento Nacional de Planeación.
    6. Nicholas-James Clavet & Mayssun El-Attar & Raquel Fonseca, 2022. "Replacement Rates of Public Pensions in Canada: Heterogeneity across SocioEconomic Status," Cahiers de recherche / Working Papers 2202, Chaire de recherche sur les enjeux économiques intergénérationnels / Research Chair in Intergenerational Economics.
    7. Timothy M. Smeeding, 2002. "Globalization, Inequality, and the Rich Countries of the G-20: Evidence from the Luxembourg Income Study (LIS)," Center for Policy Research Working Papers 48, Center for Policy Research, Maxwell School, Syracuse University.
    8. Timothy Smeeding, 2004. "Public Policy and Economic Inequality: The United States in Comparative Perspective," LIS Working papers 367, LIS Cross-National Data Center in Luxembourg.
    9. Marchand, J. & Smeeding, T., 2016. "Poverty and Aging," Handbook of the Economics of Population Aging, in: Piggott, John & Woodland, Alan (ed.), Handbook of the Economics of Population Aging, edition 1, volume 1, chapter 0, pages 905-950, Elsevier.
      • Marchand, Joseph & Smeeding, Timothy, 2016. "Poverty and Aging," Working Papers 2016-11, University of Alberta, Department of Economics, revised 20 Nov 2016.
    10. repec:idb:brikps:335 is not listed on IDEAS
    11. Kenneth Smith, 2001. "Age/Earnings Profiles in Transition Economies: The Estonian Case," Post-Communist Economies, Taylor & Francis Journals, vol. 13(4), pages 485-503.
    12. Katherin Ross Phillips & Timothy Smeeding, 1999. "Social Protection for the Poor in the Developed World: The Evidence from LIS," LIS Working papers 204, LIS Cross-National Data Center in Luxembourg.
    13. Timothy Smeeding, 2005. "Government Programs and Social Outcomes: The United States in Comparative Perspective," LIS Working papers 426, LIS Cross-National Data Center in Luxembourg.
    14. Whitehouse, Edward, 2000. "How Poor are the Old? A Survey of Evidence from 44 Countries," MPRA Paper 14177, University Library of Munich, Germany.
    15. Timothy Smeeding, 2002. "Globalization, Inequality and the Rich Countries of the G-20: Evidence from the Luxembourg Income Study," LIS Working papers 320, LIS Cross-National Data Center in Luxembourg.
    16. Richard V. Burkhauser & Timothy M. Smeeding, 2000. "Microdata Panel Data and Public Policy: National and Cross-National Perspectives," Center for Policy Research Working Papers 23, Center for Policy Research, Maxwell School, Syracuse University.
    17. Timothy Smeeding & James Williamson, 2001. "Income Maintenance in Old Age: What Can be Learned from Cross-National Comparisons," LIS Working papers 263, LIS Cross-National Data Center in Luxembourg.
    18. James Williamson & Timothy Smeeding, 2004. "Sliding into Poverty? Cross-National Patterns of Income Source Change and Income Decay in Old Age," LIS Working papers 388, LIS Cross-National Data Center in Luxembourg.
    19. Ana Bartolome & Michael McAleer & Vicente Ramos & Javier Rey-Maquieira, 2009. "Cruising is Risky Business," CIRJE F-Series CIRJE-F-664, CIRJE, Faculty of Economics, University of Tokyo.
    20. Cherchye, Laurens & De Rock, Bram & Vermeulen, Frederic, 2012. "Economic well-being and poverty among the elderly: An analysis based on a collective consumption model," European Economic Review, Elsevier, vol. 56(6), pages 985-1000.
    21. Alessio Tomelleri, 2020. "The Role of Temporary Jobs in Explaining Increasing Inequality for Recent Cohorts in Italy," BEMPS - Bozen Economics & Management Paper Series BEMPS71, Faculty of Economics and Management at the Free University of Bozen.
    22. Myles, John, 2000. "The Maturation of Canada's Retirement Income System: Income Levels, Income Inequality and Low Income Among the Elderly," Analytical Studies Branch Research Paper Series 2000147e, Statistics Canada, Analytical Studies Branch.
    23. Timothy Smeeding & Gary Burtless & Lee Rainwater, 2000. "United States Poverty in a Cross-National Context," LIS Working papers 244, LIS Cross-National Data Center in Luxembourg.
    24. Shelley Phipps, "undated". "Economics and Well-Being of Canadian Children," Canadian International Labour Network Working Papers 35, McMaster University.
    25. Gauthier, Anne Helene, 1999. "Historical trends in state support for families in Europe (post-1945)," Children and Youth Services Review, Elsevier, vol. 21(11-12), pages 937-965.

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