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Table 15 Robustness check for private cash transfers—accounting for spousal receipt of SSS payout

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)

Only respondent rcv SS × announce-to-pay

0.00104

8.499

20.78

0.00818

−7.894

−4.269

(0.0246)

(25.67)

(34.44)

(0.0221)

(20.34)

(141.6)

Only spouse rcv SS × announce-to-pay

0.0433

86.72

17.68

0.0310

12.43

76.94

(0.0551)

(59.43)

(67.01)

(0.0311)

(19.16)

(146.7)

Both rcv SS × announce-to-pay

− 0.0265

37.58

79.87*

0.0356

25.95

125.1

(0.0306)

(34.01)

(42.16)

(0.0224)

(17.87)

(117.5)

Only respondent rcv SS × post-pay

0.00567

27.55

38.39

−0.00937

−23.41

−43.97

(0.0258)

(33.45)

(44.56)

(0.0218)

(23.71)

(105.2)

Only spouse rcv SS × post-pay

0.0886

161.6***

75.10

0.0568

14.11

−63.72

(0.0565)

(61.08)

(55.70)

(0.0381)

(15.37)

(173.6)

Both rcv SS × post-pay

−0.0201

61.64

120.9***

0.0387

18.20

77.32

(0.0296)

(38.56)

(45.72)

(0.0273)

(15.88)

(107.4)

Observations

15,096

15,061

8861

15,038

15,014

1894

R-squared

0.732

0.771

0.771

0.429

0.195

0.521

  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. (4). In the interest of space, we do not show the coefficients from the placebo leads. 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
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