Quantifying the mortality impact of the 1935 old-age assistance

Abstract In 1935, the United States introduced the old-age assistance (OAA) program, a means-tested program to help the elderly poor. The OAA improved retirement conditions and aimed to enable older persons to live independently. We use the transition from early elderly plans to OAA and the large di...

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Veröffentlicht in:European review of economic history 2022-02, Vol.26 (1), p.62-77
Hauptverfasser: Galofré-Vilà, Gregori, McKee, Martin, Stuckler, David
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creator Galofré-Vilà, Gregori
McKee, Martin
Stuckler, David
description Abstract In 1935, the United States introduced the old-age assistance (OAA) program, a means-tested program to help the elderly poor. The OAA improved retirement conditions and aimed to enable older persons to live independently. We use the transition from early elderly plans to OAA and the large differences in payments and eligibility across states to show that OAA reduced mortality by between 30 and 39 percent among those older than 65 years. This finding, based on an event study design, is robust to a range of specifications, a range of fixed effects, placebo tests, and a border-pair policy discontinuity design using county-level data. The largest mortality reductions came from drops in communicable and infectious diseases, such as influenza and nephritis, and mostly affected white citizens.
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source Oxford University Press Journals All Titles (1996-Current)
subjects 1936-1944
Altenhilfe
Altersvorsorge
Rentenpolitik
Sterblichkeit
USA
Ältere Menschen
title Quantifying the mortality impact of the 1935 old-age assistance
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