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Government Transfers, Work and Occupational Identity: Evidence from the Russian Old-Age Pension

Louise Grogan and Fraser Summerfield ()

Working Paper series from Rimini Centre for Economic Analysis

Abstract: This paper examines how the receipt of the age-determined Russian state pension impacts the incomes, working hours, self-reported wellbeing, self-employed home production, and health behaviors of individuals. Household panel data spanning 2006-2011 is employed. Regression discontinuity estimators with individual fixed effects identify the causal impact of attaining state pension age on these outcomes. Attaining pension age has large negative causal impacts on market work hours, but also important positive effects on the self-employment output of women, and negative effects on the non-monetized home production activities of men. No positive impacts are found on any subjective measures of wellbeing or economic security. The results are reconciled by augmenting the standard labor supply theory of Gronau (1977) with new ideas about occupational identities first outlined in Akerlof and Kranton (2000).

New Economics Papers: this item is included in nep-age, nep-cis, nep-hap and nep-tra
Date: 2014-11
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Related works:
Journal Article: Government Transfers, Work, and Wellbeing: Evidence from the Russian Old-Age Pension (2019) Downloads
Working Paper: Government Transfers, Work and Wellbeing: Evidence from the Russian Old-Age Pension (2018) Downloads
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