Informality and Pension Reforms in Bolivia: The Case ofRenta Dignidad
研究了玻利维亚全民非缴费型养老金“尊严养老金”对受益人家庭劳动参与和工作选择的影响，发现该养老金未减少成人劳动，但降低了12-18岁女孩的劳动强度，并导致农村地区正规就业减少约8个百分点。
How social protection programmes affect work choices is a question that has been at the centre of labour economics research for decades. More recently, a scant literature has focused on the effects of social protection on work choices and informal employment in the context of low and middle-income countries. This paper contributes to this scant literature by examining the effect of Bolivia’s Renta Dignidad, a universal non-contributory old age pension that covers all Bolivians aged 60 years and older. We exploit the discontinuity introduced by the age eligibility criteria of the programme and the timing of the announcement of the programme, to implement a difference-in-differences approach. Overall, we find that Renta Dignidad has no detrimental effects on labour force participation and the intensity of labor of adult members of beneficiary households. Instead, we find that the pension reduces the intensity of work for girls aged 12–18 living with a pensioner, which indicates a positive effect on intra-household time allocation. In terms of work choices, Renta Dignidad reduces the probability of holding a salaried job in rural areas by about 8 percentage points, which denotes a shift from formal to informal employment.