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Life Course Research and Social Policies

Revisiting Economic Vulnerability in Old Age

Low Income and Subjective Experiences Among Swiss Pensioners

Authors: Henke, Julia

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  • Provides a framework for distinguishing between different degrees of subjectivity in poverty measures
  • The statistical methods used include regression analysis and structural equation models
  • Draws on a wide range of theoretical strands from economics to psychology empirical, conceptual and theoretical contributions
  • Uses empirical data from Switzerland
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  • ISBN 978-3-030-36323-9
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About this book

This book offers an interdisciplinary analysis of the experience of economic vulnerability among older adults. Drawing on various fields ranging from happiness, economics to stress research, it integrates assessments from objective and subjective measurement perspectives. The book offers nuanced insights into prevalent experiences of low economic quality of life in wealthy countries, using empirical data from Switzerland. A sample of some 1500 adults aged 65-84 is taken as the basis for a systematic comparison of the demographic and socioeconomic characteristics of three – overlapping – groups of potentially vulnerable pensioners: those who are income-poor (objective measure), those who report difficulties making ends meet (subjectively self-assessed measure) and those who worry about not having enough money for current expenses (subjectively perceived measure). Theoretical and empirical evidence is offered for the distinctiveness of the two subjective indicators, one of which assesses the experience of economic strain while the other captures the individual’s response in terms of stress. The conceptual contribution of this research includes a typology of economic vulnerability: eight distinct profiles emerge at the intersection of the objective, self-assessed and perceived measures. These profiles correspond to specific risk constellations, and they reflect varying degrees of human agency in dealing with economic vulnerability.

About the authors

Julia Henke obtained her PhD in socioeconomics at the University of Geneva, Switzerland, in collaboration with the Swiss National Centre of Competence in Research LIVES. Her research interests focus on quality of life, specifically the intersection of economic and psychological well-being. During her doctoral studies she started working for a development organization and since 2016 she works as a researcher in the communications department of a humanitarian organization.

Table of contents (30 chapters)

Table of contents (30 chapters)

Buy this book

eBook $109.00
price for USA in USD (gross)
  • ISBN 978-3-030-36323-9
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $139.99
price for USA in USD
  • ISBN 978-3-030-36322-2
  • Free shipping for individuals worldwide
  • Immediate ebook access, if available*, with your print order
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Revisiting Economic Vulnerability in Old Age
Book Subtitle
Low Income and Subjective Experiences Among Swiss Pensioners
Authors
Series Title
Life Course Research and Social Policies
Series Volume
11
Copyright
2020
Publisher
Springer International Publishing
Copyright Holder
Springer Nature Switzerland AG
eBook ISBN
978-3-030-36323-9
DOI
10.1007/978-3-030-36323-9
Hardcover ISBN
978-3-030-36322-2
Series ISSN
2211-7776
Edition Number
1
Number of Pages
X, 326
Number of Illustrations
61 b/w illustrations
Topics

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