Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/243440 
Year of Publication: 
2020
Series/Report no.: 
IZA Policy Paper No. 154
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
Precipitated by rapid globalization, rising inequality, population growth, and longevity gains, social protection programs have been on the rise in developing countries in the last three decades. However, the introduction of public benefits could displace informal mechanisms for risk-protection, which are especially prevalent in developing countries. In this paper, we critically survey the recent empirical literature on crowd-out effects in response to public policies, specifically in the context of developing countries. We review and synthesize patterns from the behavioral response to various types of social protection programs. Furthermore, we specifically examine for heterogeneous treatment effects by important socioeconomic characteristics. We conclude by drawing on lessons from our synthesis of studies.
Subjects: 
life cycle
social protection
pension
inter vivos transfers
middle-income and low-income countries
developing countries
crowd-out effect
JEL: 
D64
H31
H55
J14
J22
J26
O15
O16
R2
Document Type: 
Working Paper

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