The Effect of a Transfer Program for the Elderly in Mexico City on Co-Residing Children's School Enrollment
利用断点回归分析,研究墨西哥城70岁以上养老金项目带来的政府转移支付增加,是否影响同住儿童的入学率,发现入学率显著提高,暗示家庭存在信贷约束。
A regression discontinuity analysis is used to test whether a sharp increase in the government transfers received by households, induced by a pension program for individuals age 70 and older in Mexico City, affects coresiding children's school enrollment. Results show that while household composition and other characteristics do not change significantly at the cutoff age for program eligibility, school enrollment increases significantly. This suggests that households may be credit constrained, as the sharp increase in government transfers is known and anticipated by individuals below the cutoff age.