One of the primary motivations behind the establishment of noncontributory pension programs is to allow beneficiaries to retire from the labor force. Yet, as with other unconditional cash transfer schemes, their aggregate effects may be more complex. Using panel data and instrumental variable techniques, this paper shows that the effect of one such program, Colombia Mayor, has been to raise the labor force participation of relatively younger male...
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INFORMATION
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2015/12/01
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Document de travail (série numérotée)
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125438
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1
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1
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2018/04/20
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Disclosed
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Can a small social pension promote labor force participation? : evidence from the Colombia Mayor program
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national survey
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