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Table 14 Robustness check for private cash transfers—accounting for misreporting of SSS payout receipt

From: The effect of non-contributory pensions on labour supply and private income transfers: evidence from Singapore

  (1) (2) (3) (4) (5) (6)
VARIABLES Whether received Amount received Amount received (positive) Whether gave Amount given Amount given (positive)
Received SS × Jan −0.00626 14.16 13.48 0.0214 7.356 164.7
(0.0304) (37.17) (48.83) (0.0294) (27.74) (162.1)
Received SS × Feb 0.00809 30.29 62.82 0.0395 0.511 9.627
(0.0287) (33.56) (41.73) (0.0330) (29.00) (185.8)
Received SS × Mar 0.0428 37.94 35.43 0.00900 −23.07 −0.651
(0.0262) (28.67) (36.33) (0.0266) (23.51) (120.2)
Received SS × announce-to-pay × received in 2016 and 2017 −0.0112 11.46 47.62 0.0387* 0.134 −8.465
(0.0247) (24.74) (36.80) (0.0201) (19.29) (140.1)
Received SS × post-pay × received in 2016 and 2017 −0.00349 47.11 79.30* 0.0134 − 18.00 −44.57
(0.0242) (31.67) (47.94) (0.0221) (22.42) (112.4)
Observations 15,486 15,451 9100 15,424 15,400 1940
R-squared 0.734 0.773 0.773 0.426 0.197 0.523
  1. Notes:
  2. 1Standard errors clustered at the household level in parentheses. ***, **, and * represent statistical significance at the 1, 5, and 10% level of significance respectively
  3. 2Dependent variables are shown at the top of each column. All transfer values are reported at the couple (respondent and spouse if respondent is married) and monthly level. Columns (3) and (6) include only responses with positive values
  4. 3Results are estimates of coefficients in Eq. (3). In the interest of space, we show only the coefficients from interacting the policy variables with the dummy which represents the subset of individuals who reported receiving SSS payout at least once in 2016 and at least once in 2017. The suppressed category of individuals are those who reported not receiving SSS payout in 2016 and 2017. The sample is restricted to respondents who are age-eligible for SSS (i.e. aged 65 and above in 2016), Singapore citizens, live in public housing flats, and with a propensity score of 0.2–0.8