Minimum eligibility age for social pensions and household poverty: Evidence from Mexico.

This paper examines the impact of social pensions on old‐age poverty. To achieve causal identification, we leverage the reduction in the minimum eligibility age of Mexico's flagship non‐means‐tested social pension program. We find that the program's expansion significantly reduced extreme poverty, m...

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Publicado en:Economic Inquiry Vol. 62; no. 1; pp. 175 - 197
Autores principales: Ávila‐Parra, Clemente, Escamilla‐Guerrero, David, Gálvez‐Soriano, Oscar
Formato: Artículo
Publicado: Wiley-Blackwell Jan2024
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Minimum eligibility age for social pensions and household poverty: Evidence from Mexico.
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        au:
          Ávila‐Parra, Clemente
          Escamilla‐Guerrero, David
          Gálvez‐Soriano, Oscar
        affil:
          Social Protection and Jobs Global Practice, The World Bank, Mexico City, Mexico
          School of Economics and Finance, University of St Andrews, St Andrews, UK
          IZA Institute of Labor Economics, Bonn, Germany
          Department of Economics, University of Houston, Houston Texas,, USA
      su:
        Mexico
        Poverty
        Labor supply
        Retirement communities
        Baby boom generation
        Social services
        Old age
        Households
        Retirement age
      sug:
        subj:
          Poverty
          Labor supply
          Retirement communities
          Baby boom generation
          Social services
          Old age
          Households
          Mexico
          Private Households
          Temporary Help Services
          Continuing Care Retirement Communities
          Assisted Living Facilities for the Elderly
          Other Individual and Family Services
          Retirement age
      keyword:
        elderly
        non‐contributory pensions
        poverty
        elderly
        non‐contributory pensions
        poverty
      ab: This paper examines the impact of social pensions on old‐age poverty. To achieve causal identification, we leverage the reduction in the minimum eligibility age of Mexico's flagship non‐means‐tested social pension program. We find that the program's expansion significantly reduced extreme poverty, mainly among indigenous seniors and in rural areas. However, it had negligible effects on labor force participation, suggesting that social pensions were not effective in ensuring minimum economic well‐being and simultaneously inducing retirement among seniors at early stages of old age. The program's small cash transfer and mistargeting are among the main explanations.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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