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Precipitated by rapid globalization, rising inequality, population growth, and longevity gains, social protection programs have been on the rise in developing countries in the last three decades. However, the introduction of public benefits could displace informal mechanisms for risk-protection,...
Persistent link: https://www.econbiz.de/10012201918
Precipitated by rapid globalization, rising inequality, population growth, and longevity gains, social protection programs have been on the rise in low- and middle-income countries (LMICs) in the last three decades. However, the introduction of public benefits could displace informal mechanisms...
Persistent link: https://www.econbiz.de/10012194596
Precipitated by rapid globalization, rising inequality, population growth, and longevity gains, social protection programs have been on the rise in low- and middle-income countries (LMICs) in the last three decades. However, the introduction of public benefits could displace informal mechanisms...
Persistent link: https://www.econbiz.de/10012195191
Cash transfers can affect labor supply through two channels: current transfers and anticipated future transfers. I develop a framework that jointly estimates both channels using a difference-in-differences model. I apply the framework to the noncontributory pension program in South Africa, which...
Persistent link: https://www.econbiz.de/10013295426
We consider three transfer models with a representative individual who discounts the utility of the merit good with respect to the standard one's. In each model, a paternalistic government taxes the consumer and transfers him additional merit goods in return. The private purchase of the merit...
Persistent link: https://www.econbiz.de/10011628049
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...
Persistent link: https://www.econbiz.de/10011949564
Features of the Supplemental Security Income (SSI) program and the social security retirement system may interact in a manner that creates incentives for prospective SSI recipients to take social security early retirement (SSER). This paper takes a first close look at this issue. The work...
Persistent link: https://www.econbiz.de/10014122697
Reducing poverty remains an important challenge, and the COVID-19-crisis may further reinforce social vulnerabilities. Although it has declined lately, relative poverty remains high in international comparison and is distributed unevenly across population groups with the elderly, people with...
Persistent link: https://www.econbiz.de/10012421275
This paper reviews how income-support systems affect labour force participation in the UK. The UK's approach to social insurance is "basic security", with modest, typically flat-rate, benefits; insurance-based benefits are relatively unimportant. Compared with the EU, the UK has high employment...
Persistent link: https://www.econbiz.de/10003912101
Social security programs generally seek to provide insurance and to reduce poverty and inequality. Providing insurance requires little redistribution. But reducing inequality and alleviating poverty do require redistribution. To reduce inequality, programs must redistribute income, but...
Persistent link: https://www.econbiz.de/10011433386