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Cognitive functioning among poor elderly persons: evidence from Peru

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Listed:
  • Rafael Novella

    (Inter-American Development Bank (IDB))

  • Javier Olivera

    (Luxembourg Institute of Socio-Economic Research (LISER)
    KU Leuven
    Pontificia Universidad Catolica del Peru)

Abstract

The recent emergence and expansion of non-contributory pension programmes across low- and middle-income countries responds and contributes to a larger attention towards the population of elderly individuals in developing countries. These programmes are intended to reduce poverty in old age by providing monetary transfers in mean-tested schemes. However, little is known about the most salient characteristics of this population, particularly health outcomes and their relationship with socioeconomic demographics. The aim of this paper is to provide evidence about this relationship in the specific case of cognitive functioning. We exploit the baseline sample of the Peru’s non-contributory pension programme Pension 65 and find significant relationships between cognitive functioning and retirement, education, nutrition, ethnicity and sex. JEL Classification: J14, J24

Suggested Citation

  • Rafael Novella & Javier Olivera, 2017. "Cognitive functioning among poor elderly persons: evidence from Peru," IZA Journal of Migration and Development, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 7(1), pages 1-13, December.
  • Handle: RePEc:spr:izamig:v:7:y:2017:i:1:d:10.1186_s40176-017-0103-5
    DOI: 10.1186/s40176-017-0103-5
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    References listed on IDEAS

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    1. Javier Olivera & Blanca Zuluaga, 2014. "The Ex‐Ante Effects Of Non‐Contributory Pensions In Colombia And Peru," Journal of International Development, John Wiley & Sons, Ltd., vol. 26(7), pages 949-973, October.
    2. Mazzonna, Fabrizio & Peracchi, Franco, 2012. "Ageing, cognitive abilities and retirement," European Economic Review, Elsevier, vol. 56(4), pages 691-710.
    3. Petra E. Todd & Kenneth I. Wolpin, 2003. "On The Specification and Estimation of The Production Function for Cognitive Achievement," Economic Journal, Royal Economic Society, vol. 113(485), pages 3-33, February.
    4. Bingley, Paul & Martinello, Alessandro, 2013. "Mental retirement and schooling," European Economic Review, Elsevier, vol. 63(C), pages 292-298.
    5. Cunha, Flavio & Heckman, James J. & Lochner, Lance, 2006. "Interpreting the Evidence on Life Cycle Skill Formation," Handbook of the Economics of Education, in: Erik Hanushek & F. Welch (ed.), Handbook of the Economics of Education, edition 1, volume 1, chapter 12, pages 697-812, Elsevier.
    6. Banks, James & Crawford, Rowena & Tetlow, Gemma, 2015. "Annuity choices and income drawdown: evidence from the decumulation phase of defined contribution pensions in England," Journal of Pension Economics and Finance, Cambridge University Press, vol. 14(4), pages 412-438, October.
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    Cited by:

    1. Noelia Bernal & Javier Olivera & Marc Suhrcke, 2022. "Assessing heterogeneity in the health effects of social pensions among the poor elderly: evidence from Peru," LISER Working Paper Series 2022-01, Luxembourg Institute of Socio-Economic Research (LISER).
    2. Miguel Angel Borrella-Mas & Mariano Bosch & Marcello Sartarelli, 2019. "Heterogeneous Effect of a Non-contributory Pension. Evidence from Bolivia," Documentos de Trabajo del ICAE 2019-35, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico.

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    More about this item

    Keywords

    Cognitive functioning; Old-age poverty; Peru;
    All these keywords.

    JEL classification:

    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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