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Income inequality in the ageing society

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Chapter Summary

This chapter discusses the impact of a rapid change in the demographic structure on income inequality. The economist Fumio Ohtake claims that most of the increase in income inequality after the 1980s in Japan can be explained by the ageing of population. The chapter explores income inequality among the elderly population from a sociological perspective. He provides convincing evidence, but he does not offer sufficient explanation about the significance of the high extent of income inequality among the elderly. The ageing of population does not simply mean the increase in the number of persons aged 65 and over, but is accompanied by a change in the structure of households in which the elderly reside. The chapter focuses on the household in which the elderly spend their daily life and examine the extent of income inequality by household type.

Keywords: ageing population; elderly members; female-single household; Fumio Ohtake; income inequality



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