THE EFFECT OF PENSION GROWTH ON THE LABOR FORCE PARTICIPATION OF PENSIONERS IN RUSSIA

Victor Lyashok

HSE Working papers from National Research University Higher School of Economics

Abstract: This paper examines the impact of the 34% increase in pensions in Russia at the end of 2009 and the beginning of 2010 on the labor market participation of pensioners. Several particular features of the pension system in Russia allow us to estimate the net effect of income from such a reform. For evaluation, we used a method combining difference-in-difference and regression discontinuity methods. The results showed that real pension growth by a third reduced labor force participation rate by 6–7.1% for men and by 6–6.4% for women. The heterogeneity of the impact of this reform was also investigated. Estimates showed that the effect was lower for more educated people or those living in villages and was completely absent among those who rated their health as poor or very bad

Keywords: pension system; labor force participation; Russia; social security (search for similar items in EconPapers)
JEL-codes: H55 J21 J26 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2019
New Economics Papers: this item is included in nep-age, nep-cis and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in WP BRP Series: Public and Social Policy / PSP, August 2019, pages 1-22

Downloads: (external link)
https://wp.hse.ru/data/2019/08/08/1483634169/22PSP2019.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hig:wpaper:22/psp/2019

Access Statistics for this paper

More papers in HSE Working papers from National Research University Higher School of Economics
Bibliographic data for series maintained by Shamil Abdulaev () and Shamil Abdulaev ().