| Autor institucional : | BID |
| Autor/Autores: | Rosangela Bando, Sebastián Galiani, y Paul Gertler |
| Fecha de publicación: | Septiembre 2017 |
| Alcance geográfico: | Nacional |
| Publicado en: | Estados Unidos |
| Descargar: | Descargar PDF |
| Resumen: | Public expenditures on non-contributory pensions are equivalent to at least one percent of GDP in several countries in Latin America and is expected to increase. We explore the effect of non-contributory pensions on the well-being of the beneficiary population by studying the Pension 65 program in Peru, which uses a poverty eligibility threshold. We find that the program reduced the average score of beneficiaries on the Geriatric Depression Scale by nine percent and reduced the proportion of older adults doing paid work by four percentage points. Moreover, households with a beneficiary increased their level of consumption by 40 percent. |
