2023
DOI: 10.1017/s1474746422000550
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The Effect of Social Pension on Material Hardship among Older Adults in Korea: Regression Discontinuity Estimation

Abstract: The goal of this study was to examine the effect of a social pension programme for older adults in South Korea, Basic Pension Scheme (BPS) on material hardship and subjective well-being. We apply a regression discontinuity design (RDD) to estimate the effect of the BPS on the material hardship and life satisfaction of older people between the ages of sixty-one and sixty-eight. Data come from Korea Welfare Panel Study (KOWEPS) wave 12 survey (2017, N = 3,932). The BPS benefit reduces the risks of housing hardsh… Show more

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Cited by 3 publications
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