Invisible Scars or Open Wounds? The Role of Mid-career Income for the Gender Pension Gap in Sweden.
financial worries
gender
life course
pension
retirement
Journal
Frontiers in sociology
ISSN: 2297-7775
Titre abrégé: Front Sociol
Pays: Switzerland
ID NLM: 101777459
Informations de publication
Date de publication:
2019
2019
Historique:
received:
16
09
2019
accepted:
04
12
2019
entrez:
19
4
2021
pubmed:
20
12
2019
medline:
20
12
2019
Statut:
epublish
Résumé
This study investigates the importance of mid-career income for the gender pension gap and psychological scarring effects of low income earlier in life. More specifically we analyse whether women's typically less stable mid-life careers also affect outcomes in late careers and in retirement. Swedish income register data from 1990, 2009, and 2015 was linked to the "HEalth, Ageing, and Retirement Transitions in Sweden" survey. The gender pension gap of 966 retirees and worries about pension income of 2,723 older workers between the age of 60 and 66 years were investigated. Blinder-Oaxaca decompositions were applied to analyse the gender pension gap and linear regressions were used for the analysis of financial worries. Results show that gender differences in mid-career income play a stronger role for the gender pension gap than late career income. Mid-career income is furthermore related to higher worries about pension income and accounts for observed gender differences. Our findings demonstrate that gender gaps in mid-career income can be regarded as an open wound with visible negative effects in older ages. The reformed pension system in Sweden may potentially contribute to an even greater gender gap in pensions.
Identifiants
pubmed: 33869405
doi: 10.3389/fsoc.2019.00084
pmc: PMC8022606
doi:
Types de publication
Journal Article
Langues
eng
Pagination
84Informations de copyright
Copyright © 2019 König, Johansson and Bolin.
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