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Table 8 Robustness check for labour decisions—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)
VARIABLES Whether received income Amount received Amount received (positive) Probability of working full- time after age 70
Received SS × Jan 0.00542 22.73 − 183.1 −2.383
(0.0207) (68.19) (156.2) (3.313)
Received SS × Feb 0.00959 28.99 3.922
(0.0201) (34.37) (91.62)
Received SS × Mar 0.0180 52.71 −125.8
(0.0197) (47.40) (220.2)
Received SS × announce-to-pay × received in 2016 and 2017 0.0268 123.6 32.67 −2.297
(0.0209) (121.4) (101.1) (3.579)
Received SS × post-pay × received in 2016 and 2017 −0.00415 82.01 21.38 −4.259
(0.0204) (99.73) (95.84) (3.264)
Observations 16,062 15,997 4596 3536
R-squared 0.808 0.701 0.751 0.638
  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. Values in columns (1)–(3) are reported at the individual and monthly level, with column (3) including only responses with positive values. Values in column (4) are collected at the individual level every quarter
  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