The Individual and the Welfare State Life Histories in Europe

Our health, our income and our social networks at older ages are the consequence of what has happened to us over the course of our lives. The situation at age 50+ reflects our own decisions as well as many environmental factors, especially interventions b

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Axel Bo¨rsch-Supan Martina Brandt Karsten Hank Mathis Schro¨der l

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Editors

The Individual and the Welfare State Life Histories in Europe

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Editors Prof.Dr. Axel Bo¨rsch-Supan Mannheim Research Institute for the Economics of Aging (MEA) L 13, 17 68131 Mannheim Germany [email protected]

Dr. Martina Brandt Mannheim Research Institute for the Economics of Aging (MEA) L 13, 17 68131 Mannheim Germany [email protected]

Prof.Dr. Karsten Hank University of Cologne Research Institute for Sociology Greinstr. 2 50939 Cologne Germany [email protected]

Mathis Schro¨der, Ph.D. German Institute for Economic Research (DIW Berlin) Mohrenstr. 58 10117 Berlin Germany [email protected]

This book has been published thanks to the support of the European Commission, Directorate-General for Research, 6th Framework Programme for Research-Socio-economic Sciences and Humanities (contract nr 028812). The information and views set out in this book are those of the author[s] and do not necessarily reflect the official opinion of the European Communities. Neither the European Communities institutions and bodies nor any person acting on their behalf may be held responsible for the use which may be made of the information contained therein. The SHARELIFE project is co-funded by the European Community FP6 2002-2006, under the Socio-economic Sciences and Humanities programme.

ISBN 978-3-642-17471-1 e-ISBN 978-3-642-17472-8 DOI 10.1007/978-3-642-17472-8 Springer Heidelberg Dordrecht London New York Library of Congress Control Number: 2011925540 # Springer-Verlag Berlin Heidelberg 2011 This work is subject to copyright. All rights are reserved, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilm or in any other way, and storage in data banks. Duplication of this publication or parts thereof is permitted only under the provisions of the German Copyright Law of September 9, 1965, in its current version, and permission for use must always be obtained from Springer. Violations are liable to prosecution under the German Copyright Law. The use of general descriptive names, registered names, trademarks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. Cover design: WMXDesign GmbH, Heidelberg, Germany Printed on acid-free paper Springer is part of Springer ScienceþBusiness Media (www.springer.com)

List of Authors

Viola Angelini is Assistant Professor at the Department of Economics, Econometrics and Finance of the University of Groningen and Netspar research fellow. She previously worked at the University of Padua as SHARE Post-Doctoral Research Fellow and she holds a joint Ph.D. in Economics from the Universities of York and Padua. Her research fields are applied microeconomics, microeconometrics, household consumption and saving behaviour and th