NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

How Public Pension affects Elderly Labor Supply and Well-being: Evidence from India

Neeraj Kaushal

NBER Working Paper No. 19088
Issued in May 2013
NBER Program(s):   AG   HE   LS

We study the effect of a recent expansion in India's National Old Age Pension Scheme on elderly well-being. Estimates suggest that public pension has a modestly negative effect on the employment of elderly/near elderly men with a primary or lower education but no effect of the employment of similar women. Pension raised family expenditures, lowering poverty, and the effect was smaller on families headed by illiterate persons suggesting lower pension coverage of this most disadvantaged group. Further, households spent most of the pension income on medical care and education. We find some weak evidence that pension raised longevity.

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Document Object Identifier (DOI): 10.3386/w19088

Published: Kaushal, Neeraj, 2014. "How Public Pension affects Elderly Labor Supply and Well-being: Evidence from India," World Development, Elsevier, vol. 56(C), pages 214-225. citation courtesy of

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