Government Transfers, Work and Wellbeing: Evidence from the Russian Old-Age Pension
Louise Grogan () and
Fraser Summerfield ()
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Louise Grogan: University of Guelph
No 11961, IZA Discussion Papers from Institute for the Study of Labor (IZA)
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. Causal impacts differ across the sexes. 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.
Keywords: fuzzy regression discontinuity; subjective wellbeing; pensions; labor supply (search for similar items in EconPapers)
JEL-codes: I31 J22 J26 Z13 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-age, nep-cis, nep-hap and nep-lma
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