4.4 Article

Does Social Security promote food security? Evidence for older households

Journal

APPLIED ECONOMIC PERSPECTIVES AND POLICY
Volume 44, Issue 2, Pages 671-686

Publisher

WILEY
DOI: 10.1002/aepp.13218

Keywords

food security; older adults; panel study on income dynamics; retirement; social security

Funding

  1. U.S. Department of Agriculture, Food and Nutrition Service [12319818C0010]

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This study finds that receiving Social Security benefits in old age has a positive effect on food security among older adults, with results being robust to changes in the dependent and endogenous variables but sensitive to sample expansions or contractions.
This study examines the effect of Social Security benefits received in old age on food security among older adults. Using repeated cross sections from the Panel Study of Income Dynamics and an instrumental variable approach to address the endogeneity between the decision to claim Social Security and household food security, we find that an increase in Social Security benefits or becoming a Social Security beneficiary significantly increases the probability of being food secure. Our results were robust to changes of the dependent variable or the endogenous variable but were sensitive to some of the expansions or contractions of the sample.

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