Barriers to Public Pension Program Participation in a Developing Country
Tomoaki Tanaka,
Junichi Yamasaki,
Yasuyuki Sawada and
Khaliun Dovchinsuren
No 199, Working Papers from JICA Research Institute
Abstract:
Abstract Increasing public pension participation rates in developing countries is an important policyobjective. We study three possible constraints to such participation by using a randomized controltrial and the administrative records covering about 40 percent of Mongolian subdistricts. We findthat providing information about subsidiary monetary benefits (survivors' and disability pensions)does not increase participation significantly. However, providing information about the mobilephone payment of pension funds and dispatching experts to a pension administrative agency froma foreign aid agency both increase payments. These results imply that perceived transaction costsand trust affect demand for pension services. They also suggest that foreign aid can affect citizens' participation in public services by changing their perception of these services.
Keywords: Randomized Control Trial; Pension; Mobile Phones; Foreign Aid; Information (search for similar items in EconPapers)
Date: 2019-12
New Economics Papers: this item is included in nep-age
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Persistent link: https://EconPapers.repec.org/RePEc:jic:wpaper:199
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