The Impact of Senior Citizens Welfare Living Allowance on Private Transfer and Consumption of One-Person Elderly Household
Date Issued
2012
Date
2012
Author(s)
Hong, Hau-Yi
Abstract
The senior citizens welfare living allowance originated from the elder allowances from local governments in 1990’s , and it became the national policy in 2002.Then, in 2008 when National Pension Insurance came into effect, the senior citizens welfare living allowance was integrated into the pension system. This study investigates the effect of the senior citizens welfare living allowance on private transfer and consumption among the elderly living alone with different income groups, and also investigates the difference between the local government and central government execution period.
Analyzing the family income and expenditure survey in 2000, 2001, 2004, 2005, and 2006, there are four findings in this study. The first, the senior citizens welfare living allowance will reduce the net private transfer among the one-person elderly household with all income groups, and the lower the income is, the more net private transfer decreases. The second, the senior citizens welfare living allowance will only increase the consumption among the middle and high-income one-person elderly household, and the more the income is, the more consumption increases. The third, compared with the local government execution period, the senior citizens welfare living allowance leads to bigger differences in private transfer and consumption among one-person elderly household within different income groups in central government execution period. The last, the senior citizens welfare living allowance cannot enhance the well-being of low-income one-person elderly household.
Subjects
the senior citizens welfare living allowance
one-person elderly household
private transfer
consumption
Type
thesis
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