Large Cash Transfers to the Elderly in South Africa
The authors examine the social pension in South Africa, where large cash sums--about twice the median per capita income of African bouseholds--are paid to people qualified by age but irrespective of previous contributions. They present the history of the scheme and use a 1993 nationally representative survey to investigate the redistributive consequences of the transfers, documenting who receive the pensions, their levels of living, and those of their families. The authors also look at behavioral effects, particularly the effects of the cash receipts on the allocation of income to food, schooling, transfers, and savings.
Volume (Year): 108 (1998)
Issue (Month): 450 (September)
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