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Autor:innen: 
Erscheinungsjahr: 
2011
Schriftenreihe/Nr.: 
Proceedings of the German Development Economics Conference, Berlin 2011 No. 23
Verlag: 
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft, Kiel und Hamburg
Zusammenfassung: 
This paper uses an unanticipated, exogenous doubling of the legal minimum pension in Ukraine as a unique quasi-experiment to evaluate the income effect on various aspects of labor supply among the elderly. In contrast to previous studies, the unusually simple pension eligibility rule allows estimating a pure causal income effect. Applying difference-indifferences and regression discontinuity methods on two nationally representative data sets yields a retirement elasticity of 0.3. Men and women respond at different margins of labor supply but with similar overall effect. Despite retirement incentives being disproportionally large for low income earners old-age poverty declined significantly.
Schlagwörter: 
pure income effect
benefit generosity
labor supply
retirement
poverty
wage effect
Dokumentart: 
Conference Paper

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