The Effect of Non-contributory Pensions on Saving in Mexico

Alonso-Ortiz, Jorge; Amuedo‐Dorantes, Catalina; Juarez, Laura

doi:10.18235/0000381

Cited by 3 publications

(3 citation statements)

References 8 publications

(16 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Relative to the federal pension paid every two months, the state pension paid every month in Yucatan was more likely to boost health care utilization and food availability [ 21 ]. At the same time, both federal and state NCP in Mexico have reduced private family transfers to older adults [ 20 , 22 , 23 ], reduced saving rate of households [ 24 ], and reduced paid work by recipients [ 18 , 20 , 25 ].…”

Section: Introductionmentioning

confidence: 99%

Non-contributory pension programs and frailty of older adults: Evidence from Mexico

Aguila

López-Ortega²,

Robledo³

2018

PLoS ONE

View full text Add to dashboard Cite

Non-contributory pension programs in the developing world seek to provide older adults with an income that may improve their health and wellbeing in old age by enabling access to health care and better nutrition. There is no previous evidence of the effects of non-contributory pensions on frailty, a comprehensive measure of health and well-being of the oldest old. We aimed to estimate the effects of non-contributory pension programs on frailty of older adults in the state of Yucatan, Mexico. We use rich panel data, including objective markers and self-reported assessments of health and well-being, for 944 adults at least 70 years of age in two communities of Yucatan, Mexico. The first wave was collected in 2008; the second wave was collected in 2010, 18 months after implementation of a monthly state pension in one community and 12 months after a federal pension paid every two months in the other. We found the state pension led to a statistically significant decrease in the severity of frailty for women, but the federal pension was associated with an increase. We found no statistically significant change in the frailty index for men in either community. Among explanations for these findings are monthly payments being more likely to be spent on health care, medicines, and more regular food expenditures, enabling women who previously lacked independent means of support to increase their longer-term health. The federal program paid every two months led to irregular patterns of food expenditure and increased ownership of durable goods but had no effects on health care utilization, subsequently leading to deterioration in longer-term health for women.

show abstract

Section: Introductionmentioning

confidence: 99%

Non-contributory pension programs and frailty of older adults: Evidence from Mexico

Aguila

López-Ortega²,

Robledo³

2018

PLoS ONE

View full text Add to dashboard Cite

show abstract

“…men versus women) increased household savings . In Mexico, no significant effect was found when federal and state noncontributory pension programs were considered (Alonso, Amuedo-Dorante, and Juárez, 2015).…”

Section: Box 74 Household Saving and Noncontributory Pensionsmentioning

confidence: 90%

Saving for Development: How Latin America and the Caribbean Can Save More and Better

Cavallo,

Serebrisky,

Frisancho

et al. 2016

View full text Add to dashboard Cite

Why should people--and economies--save? The typical answer usually focuses on the need to protect against future shocks, to smooth consumptionduring hard times, in short, to save for the proverbial rainy day. This book approaches the question from a slightly different angle. While saving to survive the bad times is important, saving to thrive in the good times is what really counts. People must save so they can invest in their own and their children's health and education, live productive fulfilling lives, and end their days in comfort and peace. Firms must save so they can grow productive enterprises that employ more workers in better jobs to produce quality goods for domestic and international markets. Governments must save to build bridges, highways, and airports that support a productive economy, to provide quality services such as education, health, water, and sanitation to their citizens, and to assure their senior citizens a dignified, worry-free retirement. In short, countries must save for a sunny day -a time when everyone can bask in the benefits of growth, prosperity, and well-being.

show abstract

“…men versus women) increased household savings (Hernani-Limarino and Mena, 2015). In Mexico, no significant effect was found when federal and state noncontributory pension programs were considered (Alonso, Amuedo-Dorante, and Juárez, 2015).…”

Section: Box 74 Household Saving and Noncontributory Pensionsmentioning

confidence: 94%

Ahorrar para desarrollarse: Cómo América Latina y el Caribe puede ahorrar más y mejor

Cavallo¹,

Serebrisky²,

Frisancho³

et al. 2016

View full text Add to dashboard Cite

Inter-American Development BankThis book is distributed under the terms of the Creative Commons AttributionNonCommercial-NoDerivatives 3.0 IGO license (http://creativecommons.org/ licenses/by-nc-nd/3.0/igo/) and may be reproduced with attribution to the Inter-American Development Bank (IDB) and for any non-commercial purpose. No derivative work is allowed.Any dispute related to the use of the works of the IDB that cannot be settled amicably shall be submitted to arbitration pursuant to the UNCITRAL rules. The use of the IDB's name for any purpose other than for attribution, and the use of IDB's logo shall be subject to a separate written license agreement between the IDB and the user and is not authorized as part of this CC-IGO license. Note that the link provided above includes additional terms and conditions of the license.The images or other third party material in this book are included in the work's Creative Commons license, unless indicated otherwise in the credit line; if such material is not included in the work's Creative Commons license and the respective action is not permitted by statutory regulation, users will need to obtain permission from the license holder to duplicate, adapt or reproduce the material. Open Access This work is distributed under a Creative Commons AttributionNonCommercial-NoDerivatives 3.0 IGO license (http://creativecommons.org/ licenses/by-nc-nd/3.0/igo/) and may be reproduced with attribution to the InterAmerican Development Bank (IDB) and for any non-commercial purpose. No derivative work is allowed. Any dispute related to the use of the works of the IDB that cannot be settled amicably shall be submitted to arbitration pursuant to the UNCITRAL rules. The use of the IDB's name for any purpose other than for attribution, and the use of IDB's logo shall be subject to a separate written license agreement between the IDB and the user and is not authorized as part of this CC-IGO license. Note that the link provided above includes additional terms and conditions of the license. The images or other third party material in this book are included in the work's Creative Commons license, unless indicated otherwise in the credit line; if such material is not included in the work's Creative Commons license and the respective action is not permitted by statutory regulation, users will need to obtain permission from the license holder to duplicate, adapt or reproduce the material. This work is subject to copyright. All commercial rights are reserved by the Inter-American Development Bank, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, ev...

show abstract

The Effect of Non-contributory Pensions on Saving in Mexico

Cited by 3 publications

References 8 publications

Non-contributory pension programs and frailty of older adults: Evidence from Mexico

Non-contributory pension programs and frailty of older adults: Evidence from Mexico

Saving for Development: How Latin America and the Caribbean Can Save More and Better

Ahorrar para desarrollarse: Cómo América Latina y el Caribe puede ahorrar más y mejor

Contact Info

Product

Resources

About