Trends of Income Inequality Among the Elderly in Korea

다국어 초록 (Multilingual Abstract)

This study investigates the overall trend of inequality among the elderly in Korea and toexamine what the most influential factor is for these changes. Although inequality amongthe elderly is far greater than it is for any other group, little attention has been given tohow inequality changes over time. Used are data from the Urban Household Survey withfive-year intervals from 1986 to 2006. The results show that inequality within a cohortincreases over time and that earnings and benefits from occupational retirement plansare the most influential factors on overall inequality changes. In addition, the impact ofpublic transfers has gradually increased during the past twenty years. The results implythat our society needs to enact a social policy for lessening earnings inequality in thelabor market and to increase public transfers for the elderly.

참고문헌 (Reference)

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