Boldrin, MicheleJiménez-Martín, SergiUniversitat Pompeu Fabra. Departament d'Economia i Empresa2017-07-262017-07-262006-02-01http://hdl.handle.net/10230/1177In this paper we use a variety of data sources, both micro and macro, time series, cross section, and panel data to provide an empirical evaluation of the current level of economic wellbeing of the Spanish elderly, and of its determinants. We focus, in particular on the role played by the pension system and its generosity in terms of minimum pension supplements and non-contributive pensions. In an IV context, we find that actual Social Security benefits contribute substantially to explain income and consumption poverty levels and trends of low income and consumption percentiles. Thus we offer support to previous evidence for Spain emphasizing the role of minimum benefit policies.application/pdfengL'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commonsinfo:eu-repo/semantics/workingPaperwelfare statesocial securityretirementincome inequalitypovertyLabour, Public, Development and Health EconomicsStatistics, Econometrics and Quantitative Methodsinfo:eu-repo/semantics/openAccess