Government Transfers, Work, and Wellbeing: Evidence from the Russian Old-Age Pension

Journal of Population Economics - Tập 32 - Trang 1247-1292 - 2019
Louise Grogan1,2, Fraser Summerfield3,4
1Department of Economics and Finance, University of Guelph (Canada), Guelph, Canada
2Institute of Labor Economics (IZA), Bonn, Germany
3Department of Economics, St. Francis Xavier University, Antigonish, Canada
4Rimini Centre for Economic Analysis (RCEA), Waterloo, Canada

Tóm tắt

This paper examines the impacts of a large and anticipated government transfer, the Russian old-age pension, on labor supply, home production, and subjective wellbeing. The discontinuity in eligibility at pension age is exploited for inference. The 2006–2011 Russian Longitudinal Monitoring Survey is employed. At pension age, women reduce market work and appear to increase home production. They report increased wellbeing. Men reduce labor supply without any apparent increase in wellbeing. Pension receipt does not impact household composition.

Tài liệu tham khảo

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