Subjective well-being impact of old age pension in South Africa: A difference in difference analysis across the gender divide

dc.article.end-page12en_ZA
dc.article.start-page1en_ZA
dc.citation.doi10. 4102/sajems.v22i1.2996en_ZA
dc.contributor.authorKollamparambil, Umakrishnan
dc.contributor.authorEtinzock, Mfongeh, N
dc.date.accessioned2020-07-27T10:12:17Z
dc.date.available2020-07-27T10:12:17Z
dc.date.issued2019-12-06
dc.description.abstractBackground: South Africa provides old age pension (OAP), a non-contributory means-tested income transfer to persons aged 60 and above. More than two-thirds of the elderly population report receiving the OAP. Women have historically had a lower pension eligibility age of 60, while the eligibility of men decreased from 65 to 60 between 2008 and 2010. Aim: This study analyses the impact of the OAP on the subjective well-being of the elderly in South Africa. The study aims at understanding the differential impact on the subjective wellbeing of male and female recipients. Methods: The study adopts the difference in difference (DiD) impact evaluation framework to establish the impact of OAP using a sub-sample of data for elderly persons aged between 55 and 64, collected from the first four waves of the National Income Dynamics study. Linear and non-linear DiD models are estimated as robustness checks given the ordinal nature of the dependent variable. Results: The OAP variable consistently produced positive and significant estimates for the sample as a whole. Further, anticipatory effect of OAP was not found to exist. A gender specific analysis indicates that female recipients have a positive and significant change in well-being as a result of OAP, while male recipients did not. Conclusion: The difference in the well-being impact of OAP between male and female recipients can be attributed to the gender difference in the use and meaning of pensions. Our findings question the uniform criteria introduced for male and female recipients for OAP in South Africa.en_ZA
dc.description.librarianTT2020en_ZA
dc.facultyFaculty of Commerce, Law and Managementen_ZA
dc.identifier.citationKollamparambil, U., & Etinzock, M.N. 2019. Subjective well-being impact of old age pension in South Africa: A difference in difference analysis across the gender divide. South African Journal of Economic and Management Sciences, 22, 1-12.en_ZA
dc.identifier.issn(Online) 2222-3436
dc.identifier.issn(Print) 1015-8812
dc.identifier.urihttps://hdl.handle.net/10539/29272
dc.journal.issue1en_ZA
dc.journal.linkhttps://doi.org/10. 4102/sajems.v22i1.2996en_ZA
dc.journal.titleSouth African Journal of Economic and Management Sciencesen_ZA
dc.journal.volume22en_ZA
dc.language.isoenen_ZA
dc.publisherAOSIS (pty) Ltden_ZA
dc.rights© 2019. The Authors. Licensee: AOSIS. This work is licensed under the Creative Commons Attribution License.en_ZA
dc.schoolSchool of Economics and Finance en_ZA
dc.subjectState transfersen_ZA
dc.subjectOld age pensionen_ZA
dc.subjectDifference in differenceen_ZA
dc.subjectSouth Africaen_ZA
dc.subjectImpact evaluationen_ZA
dc.titleSubjective well-being impact of old age pension in South Africa: A difference in difference analysis across the gender divideen_ZA
dc.title.alternativeSouth African Journal of Economic and Management Sciencesen_ZA
dc.typeArticleen_ZA
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