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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