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Table 9 Robustness check for labour decisions—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)
VARIABLES Whether received income Amount received Amount received (positive) Probability of working full- time after age 70
Only respondent rcv SS × announce-to-pay 0.0182 160.4 91.45 −2.008
(0.0223) (126.6) (120.3) (3.842)
Only spouse rcv SS × announce-to-pay 0.0341 98.83** 56.89 0.358
(0.0298) (44.73) (88.78) (9.202)
Both rcv SS × announce-to-pay 0.0186 53.09 69.12 −3.614
(0.0200) (43.77) (121.5) (3.919)
Only respondent rcv SS × post-pay −0.0127 144.8 165.4 −4.396
(0.0227) (106.2) (132.6) (3.375)
Only spouse rcv SS × post-pay 0.0467 129.8** 106.3 0.318
(0.0451) (58.53) (102.5) (7.000)
Both rcv SS × post-pay 0.00888 20.69 −54.55 −5.013
(0.0184) (39.37) (87.64) (3.785)
Observations 15,655 15,591 4444 3448
R-squared 0.808 0.712 0.772 0.627
  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. (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