The article studies how the Russian old-age pension affects labor supply, home production, and subjective wellbeing.
Read more in:
Louise Grogan & Fraser Summerfield
Government Transfers, Work, and Wellbeing: Evidence from the Russian Old-Age Pension
Journal of Population Economics, Vol. 32 (2019), Issue 4 (October), pp. 1247-1292 .
Journal Website, complete issue 4.
Author Abstract: 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.
Read also the Lead Article of issue 4 (2019):
Gautam Hazarika, Chandan Kumar & Sudipta Sarangi:
“Ancestral ecological endowments and missing women“
Journal of Population Economics, Vol. 32 (2019), Issue 4 (October), pp. 1101-1123
Journal Website, complete issue 4. Paper PDF – OPEN ACCESS.
GLO Fellows Gautam Hazarika, Chandan Kumar Jha & Sudipta Sarangi