Arbeitspapier

Understanding poverty among the elderly in India: implications for social pension policy

The Government of India is implementing a new policy which dramatically increases funding for a cash transfer program targeted to the poor elderly. The expansion of this 'social pension' in terms of coverage and benefit levels is taking place with little understanding of poverty among India's elderly or its determinants. This paper finds that households with elderly members do not have higher poverty rates than non-elderly households. This result is robust under various measures that take into account the size and composition of households. Separate evidence suggests that part of the explanation for this phenomenon is that the poor have higher mortality rates and are therefore underrepresented. This explanation has important implications for social pension policy and suggests that programs that reduce elderly mortality may actually increase the relative poverty levels of the elderly.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 3431

Klassifikation
Wirtschaft
Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination
Thema
Old age poverty
household demographic composition
adjusted poverty indices
elderly contribution
survivorship bias
Rentenpolitik
Armutspolitik
Alte Menschen
Armut
Sterblichkeit
Indien

Ereignis
Geistige Schöpfung
(wer)
Pal, Sarmistha
Palacios, Robert
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2008

Handle
URN
urn:nbn:de:101:1-2008040960
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Pal, Sarmistha
  • Palacios, Robert
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2008

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