Poverty among Older People and Social Pension in Ecuador: The Impact of the Human Development Bonus on Consumption
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In this article, we estimate the impact of the non-contributory social pension known as Bono de Desarrollo Humano (Human Development Bonus) on the consumption of poor older people in Ecuador. We use data from the latest Living Conditions Survey, carried out between 2013 and 2014, and apply propensity score matching to estimate the impact of the programme. The estimations show that the pension negatively affects different types of consumption. These results suggest that the social pension does not contribute to a reduction in consumption poverty (based on food, medicine, and health services consumption indicators) among older people in Ecuador. Nevertheless, it helps many people who have no access to social insurance to obtain some income in their old age.
keywordssocial pension, older people, evaluation, propensity score matchingAuthors biographyPaola Floril Anangonò , University of Salamanca, Spain. Author for correspondence, email: paofloril@usal.es.Miguel A. Malo, University of Salamanca, Spain. Email: malo@usal.es. |
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