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Social security, economic development and the labor force participation of the elderly in Latin America

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  • Bernardo Queiroz

    (Cedeplar-UFMG)

Abstract

In this paper I investigate labor force participation of older males in Latin America. The empirical analysis is divided in two parts. First, I use household survey data from twenty-three (23) Latin American and the Caribbean countries, from around 2005, to perform a cross-country analysis on labor force participation focusing on differences rural and urban status, formal and informal relation to the labor market and coverage of public pension programs. I also use the data to show different patterns by income level and stage of the demographic transition to describe historical trends in labor force participation rates of older workers. The second part of the paper, I use data on the 23 Latin American countries to investigate the effects of economic development and social security system in the labor force participation of the elderly for the past 30 years.

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Bibliographic Info

Paper provided by Cedeplar, Universidade Federal de Minas Gerais in its series Textos para Discussão Cedeplar-UFMG with number 490.

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Length: 26 pages
Date of creation: Jul 2013
Date of revision:
Handle: RePEc:cdp:texdis:td490

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Related research

Keywords: labor force participation; economic development elderly; social security; retirement; Latin America;

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References

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  1. Jonathan Gruber & David A. Wise, 2010. "Social Security Programs and Retirement around the World: The Relationship to Youth Employment," NBER Books, National Bureau of Economic Research, Inc, number grub08-1, July.
  2. Giovanni Mastrobuoni, 2006. "Labor Supply Effects of the Recent Social Security Benefit Cuts: Empirical Estimates Using Cohort Discontinuities," Working Papers 66, Princeton University, Department of Economics, Center for Economic Policy Studies..
  3. Jocelyn E. Finlay & Günther Fink, 2011. "Social Security Reform and Male Labor Force Participation Around The World," Working Papers, Center for Retirement Research at Boston College wp2011-12, Center for Retirement Research, revised Jun 2011.
  4. de Carvalho Filho, Irineu Evangelista, 2008. "Old-age benefits and retirement decisions of rural elderly in Brazil," Journal of Development Economics, Elsevier, vol. 86(1), pages 129-146, April.
  5. Kristin Mammen & Christina Paxson, 2000. "Women's Work and Economic Development," Journal of Economic Perspectives, American Economic Association, vol. 14(4), pages 141-164, Fall.
  6. Clark, Robert L & Anker, Richard, 1993. "Cross-national Analysis of Labor Force Participation of Older Men and Women," Economic Development and Cultural Change, University of Chicago Press, vol. 41(3), pages 489-512, April.
  7. Gary Burtless & Joseph F. Quinn, 2000. "Retirement Trends and Policies to Encourage Work Among Older Americans," Boston College Working Papers in Economics 436, Boston College Department of Economics.
  8. Monika Queisser, 1999. "Pension Reform: Lessons from Latin America," OECD Development Centre Policy Briefs 15, OECD Publishing.
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