Poverty among older people in Latin America and the Caribbean

Journal of International Development (Impact Factor: 0.88). 01/2009; 22(2):176-207. DOI: 10.1002/jid.1539
Source: RePEc

ABSTRACT This paper provides evidence on the incidence of poverty among older people in Latin America and the Caribbean (LAC), based on household survey microdata from 20 countries. The situation of older people is characterised in terms of income, education, health and access to services vis-à-vis the rest of the population. The paper identifies the role played by the current pension systems in LAC, and assesses the efforts needed to achieve substantial improvements towards the reduction of old age poverty. Copyright © 2009 John Wiley & Sons, Ltd.

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    ABSTRACT: This paper studies the ex-ante effects of the implementation of a non-contributory pension (NCP) programme in Colombia and Peru. Relying on household survey data, we simulate the transfer's potential impact on poverty, inequality, fiscal cost and the probability of affiliation to contributory pensions. Our results show that an NCP reduces poverty and inequality among the elderly, particularly in rural areas, at an arguably limited fiscal cost. Regarding behavioural effects, there is not a large impact on the probability of affiliation to contributory pensions when the programme is targeted to the poor, with the exception of Peruvian women. Finally, we also compute some potential effects on the recipient's labour supply. Copyright © 2014 John Wiley & Sons, Ltd.
    Journal of International Development 10/2014; 26(7). DOI:10.1002/jid.3008 · 0.88 Impact Factor


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