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Smeeding, Timothy Michael
Saunders, Peter
Year of Publication: 
Series/Report no.: 
LIS Working Paper Series 183
This paper uses microdata from the Luxembourg Income Study (LIS) to estimate and compare four dimensions of the well-being of the aged in Taiwan and eight other countries - the United States, Japan, Australia, Poland, Finland, Germany, Hungary and Canada. Together, these nine countries cover a broad variety of economic experience, institutional development and cultural tradition which complicate the task of comparing them. The four dimensions studies are (relative) poverty, income distribution, relative economic status and income composition. A key focus of the analysis and a significant feature of the results is the important role which living arrangements (and, to a lesser extent, age and gender) play in determining the relative economic status of the aged in each country. This issue is explored more thoroughly in Taiwan, where the (admittedly exploratory and preliminary) analysis illustrates how shared living arrangements (and hence shared housing costs) represent and important part of the overall safety net for the elderly.
Document Type: 
Working Paper
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