IDEAS home Printed from https://ideas.repec.org/p/lis/liswps/857.html
   My bibliography  Save this paper

The Impact of Imputed Rent on Old-Age Poverty: The Evidence from the Luxembourg Income Study

Author

Listed:
  • Edyta Marcinkiewicz
  • Filip Chybalski

Abstract

Our study contributes to the discussion on the impact of imputed rent on poverty. In this paper, we address the issue of the relevance of imputed rent specifically in regard to the welfare of older people. Our aim is to assess how imputed rental income relates to monetary income for both homeowners and subsidized tenants, to draw more comprehensive picture of poverty among retirees, who are considered to be an economically vulnerable group. We employ the Luxembourg Income Study database (wave X) to compare the situation of elderly households in seventeen countries in this respect. The results obtained demonstrate that although imputed rental income is quite universal among the older population, there is a lot of a cross-country variation in this respect, which partly can be attributed to the methodological constraints. Nonetheless, we can conclude that imputed rental income contributes to poverty reduction. This also entails some policy implications in the long run, especially in the face of housing market shifts, rising wealth inequalities and the expected reduction in the generosity of public pensions.

Suggested Citation

  • Edyta Marcinkiewicz & Filip Chybalski, 2023. "The Impact of Imputed Rent on Old-Age Poverty: The Evidence from the Luxembourg Income Study," LIS Working papers 857, LIS Cross-National Data Center in Luxembourg.
    • Handle: RePEc:lis:liswps:857
    as

    Download full text from publisher

    File URL: http://www.lisdatacenter.org/wps/liswps/857.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Tony Fahey & Michelle Norris, 2011. "Housing in the Welfare State: Rethinking the Conceptual Foundations of Comparative Housing Policy Analysis," International Journal of Housing Policy, Taylor & Francis Journals, vol. 11(4), pages 439-452.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dorothy Watson & Eoin Corrigan, 2019. "Social Housing in the Irish Housing Market," The Economic and Social Review, Economic and Social Studies, vol. 50(1), pages 213-248.
    2. Shcherbyna, Andrii, 2022. "Towards a concept of sustainable housing provision in Ukraine," Land Use Policy, Elsevier, vol. 122(C).
    3. Nachatter Singh Garha & Alda Botelho Azevedo, 2021. "Population and Housing (Mis)match in Lisbon, 1981–2018. A Challenge for an Aging Society," Social Sciences, MDPI, vol. 10(3), pages 1-18, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lis:liswps:857. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Piotr Paradowski (email available below). General contact details of provider: https://edirc.repec.org/data/lisprlu.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.