Human Capital Management White Papers

Does Money Protect Health Status? Evidence From South African Pensions

Overview This paper quantifies the impact on health status of a large, exogenous increase in income?that associated with the South African state old age pension. Elderly Black and Colored men and women who did not anticipate receiving large pensions in their lifetimes, and who did not pay into a pension system, are currently receiving more than twice median Black income per capita. These elderly men and women generally live in large households, and this paper documents the effect of the pension on the pensioners, on other adult members of their households, and on the children who live with them.

Further White Paper Details
PublisherPrinceton University File FormatPDF, requires Acrobat Rdr 5
Date PublishedAugust 2001
FormatWhite Papers   
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