Pension generosity and mental wellbeing: The effect of eradicating poverty at old-age

Konferenzbeitrag

This paper exploits a unique shift in pension generosity to study the effect of eradicating old-age poverty on mental health. Based on a difference-in-differences set-up we show with two independent data sets from Ukraine that greater pension generosity improves subjective well-being and reduces the incidence of diagnosed depressions. Neither more available leisure time, nor higher consumption levels, nor enhanced physical health can explain the empirical mental health improvement. Instead, we suggest that the main channel for the mental health improvement is the reduced reliance on potentially stressful modes of income generation at old age, such as family household transfers, indebtedness and unpaid bills.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2016: Demographischer Wandel - Session: Pensions and Labor Market Outcomes ; No. G05-V1

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Social Security and Public Pensions ; Health: General ; Welfare, Well-Being, and Poverty: Government Programs; Provision and Effects of Welfare Programs

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Danzer, Alexander M. ; Danzer, Natalia
• Ereignis: Veröffentlichung
• (wer): ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
• (wo): Kiel und Hamburg
• (wann): 2016

Weitere Informationen

• Handle: http://hdl.handle.net/10419/145910
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ