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Incentivos y patrones de retiro en Uruguay

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Author Info

  • Ignacio Álvarez

    (Universidad de la República de Uruguay)

  • Natalia da Silva

    (Universidad de la República de Uruguay)

  • Álvaro Forteza

    (Universidad de la República de Uruguay)

  • Ianina Rossi

    (Universidad de la República de Uruguay)

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    Abstract

    Using social security administrative records, we estimate indicators of incentives to retire in a sample of males affiliated to the main Uruguayan social security program and we assess their impact on retirement and pension claims observed between 1996 and 2004. In line with standard results in the literature, we find that social security wealth has a highly significant positive impact on the probability of retirement. However the usual indicators of incentives to retirement do not have the expected impact. In some specifications the indicators are not statistically significant and in others the indicators do not present the expected sign.

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    Bibliographic Info

    Article provided by El Colegio de México, Centro de Estudios Económicos in its journal Estudios Económicos.

    Volume (Year): 27 (2012)
    Issue (Month): 2 ()
    Pages: 219-271

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    Handle: RePEc:emx:esteco:v:27:y:2012:i:2:p:219-271

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    Web page: http://www.colmex.mx/centros/cee/
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    Related research

    Keywords: incentives to retirement; social security.;

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    References

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    1. Agar Brugiavini & Franco Peracchi, 2004. "Micro-Modeling of Retirement Behavior in Italy," NBER Chapters, in: Social Security Programs and Retirement around the World: Micro-Estimation, pages 345-398 National Bureau of Economic Research, Inc.
    2. Alvaro Forteza & Ignacio Apella & Eduardo Fajnzylber & Carlos Grushka & Ianina Rossi & Graciela Sanroman, 2009. "Work Histories and Pension Entitlements in Argentina, Chile and Uruguay," Working Papers 32, Superintendencia de Pensiones, revised Sep 2009.
    3. Ronan Mahieu & Didier Blanchet, 2004. "Estimating Models of Retirement Behavior on French Data," NBER Chapters, in: Social Security Programs and Retirement around the World: Micro-Estimation, pages 235-284 National Bureau of Economic Research, Inc.
    4. Paul Bingley & Nabanita Datta Gupta & Peder J. Pedersen, 2004. "The Impact of Incentives on Retirement in Denmark," NBER Chapters, in: Social Security Programs and Retirement around the World: Micro-Estimation, pages 153-234 National Bureau of Economic Research, Inc.
    5. Michele Boldrin & Sergi Jimenez-Martin & Franco Peracchi, 1999. "Social Security and Retirement in Spain," NBER Chapters, in: Social Security and Retirement around the World, pages 305-353 National Bureau of Economic Research, Inc.
    6. Marisa Bucheli & Alvaro Forteza & Ianina Rossi, 2007. "Work history and the access to contributory pensions. The case of Uruguay," Documentos de Trabajo (working papers) 1607, Department of Economics - dECON.
    7. Orley Ashenfelter & Kirk B. Doran & Bruce Schaller, 2010. "A Shred of Credible Evidence on the Long Run Elasticity of Labor Supply," Working Papers 1203, Princeton University, Department of Economics, Center for Economic Policy Studies..
    8. Jeffrey R. Brown & Julia Lynn Coronado & Don Fullerton, 2009. "is Social Security Part of the Social Safety Net?," CESifo Working Paper Series 2610, CESifo Group Munich.
    9. Simone Kohnz & Reinhold Schnabel, 2002. "Micro Modeling of Retirement Decisions in Germany," MEA discussion paper series 02020, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
    10. Courtney Coile & Jonathan Gruber, 2000. "Social Security Incentives for Retirement," NBER Working Papers 7651, National Bureau of Economic Research, Inc.
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    12. Takashi Oshio & Akiko Sato Oishi, 2004. "Social Security and Retirement in Japan: An Evaluation Using Micro-Data," NBER Chapters, in: Social Security Programs and Retirement around the World: Micro-Estimation, pages 399-460 National Bureau of Economic Research, Inc.
    13. Ignacio Álvarez & Natalia da Silva & Álvaro Forteza & Ianina Rossi, 2010. "¿Qué Incentivos al Retiro Genera la Seguridad Social? El Caso Uruguayo," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 47(136), pages 217-247.
    14. Jonathan Gruber, 1997. "Social Security and Retirement in Canada," NBER Working Papers 6308, National Bureau of Economic Research, Inc.
    15. Dellis, Arnaud & Jousten, Alain & Perelman, Sergio, 2001. "Micro-Modelling of Retirement in Belgium," CEPR Discussion Papers 2795, C.E.P.R. Discussion Papers.
      • Arnaud Dellis & Raphaël Desmet & Alain Jousten & Sergio Perelman, 2004. "Micro-Modeling of Retirement in Belgium," NBER Chapters, in: Social Security Programs and Retirement around the World: Micro-Estimation, pages 41-98 National Bureau of Economic Research, Inc.
    16. John Rust, 1989. "Behavior of male workers at the end of the life-cycle: an empirical analysis of states and controls," Discussion Paper / Institute for Empirical Macroeconomics 6, Federal Reserve Bank of Minneapolis.
    17. Michael Baker & Jonathan Gruber & Kevin Milligan, 2004. "Income Security Programs and Retirement in Canada," NBER Chapters, in: Social Security Programs and Retirement around the World: Micro-Estimation, pages 99-152 National Bureau of Economic Research, Inc.
    18. David M. Blau & Ryan M. Goodstein, 2010. "Can Social Security Explain Trends in Labor Force Participation of Older Men in the United States?," Journal of Human Resources, University of Wisconsin Press, vol. 45(2).
    19. Alvaro Forteza, 2003. "Seguridad social y competencia política," Documentos de Trabajo (working papers) 0403, Department of Economics - dECON.
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