Session 10: Socio-economic Issues
Moderator:
Rana Hasan



Barriers to Public Pension Program Participation in Mongolia

Increasing public pension participation rates in developing countries is an important policy objective. We study possible constraints to such participation by using a randomized control trial and the administrative records covering about 40 percent of Mongolian subdistricts. We find that providing information about the mobile phone payment of pension funds and experts from a foreign aid agency in the pension administrative agency both increase payments. These results imply that perceived transaction costs and trust affect demand for pension services. They also suggest that foreign aid can affect citizens’ participation in public services by changing their perception of these services.

Author/s: 

Tomoaki Tanaka, Junichi Yamasaki, Yasuyuki Sawada, and Khaliun Dovchinsuren


JEL codes: H55, D83, I38