Skip to main content
padlock icon - secure page this page is secure

Retiree Welfare and the 2009 Pension Increase: Impacts from an Australian Experiment

Buy Article:

$52.00 + tax (Refund Policy)

The welfare effects from the 2009 increase in the age pension are evaluated using a quasi‐experimental, difference‐in‐difference regression framework. Using microdata to exploit the exogenous and large increase in the single‐person pension rate, the research finds significant improvements in the material welfare of single age pensioners. In particular, non‐housing and total consumption rose by 7 per cent and 4 per cent, respectively. The effects were amplified among the poorest retirees. The study extends the literature on the welfare benefits of pension programs, and provides evidence that the policy changes were highly effective in lifting the material welfare of the targeted beneficiaries.
No References
No Citations
No Supplementary Data
No Article Media
No Metrics

Document Type: Research Article

Publication date: March 1, 2016

  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more