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Whether cash transfers have unintended behavioural effects on the recipient household's labour supply is of considerable policy interest. We examine the 'intent to treat effect' of the Indira Gandhi National Old-Age Pension Scheme on prime-age women's labour supply decisions in India, where...
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Whether social transfers should be targeted or universal is an unsolved debate that is particularly relevant for the implementation of social protection schemes in developing countries. While the limited availability of public resources encourages targeting, the difficulty in identifying the...
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This paper sets out initial results from a new modeling exercise for Defined Contribution (DC) pensions. It develops a package called penCalc based on the open source software language R, which is popular in the academic and modeling communities. All the coding is made freely available. The tool...
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Longevity insurance benefits are deferred annuities that start payment at an advanced age at which a substantial proportion of the birth cohort has died. In high-income countries, that would mean that these annuities would start for people in their early 80s, but when social security programs...
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