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Characteristics of and determinants of the density of contributions in a Private Social Security System

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Author Info
Alberto Arenas de Mesa (Dirección de Presupuestos, Ministerio de Hacienda, Chile.)
Jere Behrman (Department of Economics, University of Pennsylvania.)
David Bravo (Departamento de Economía, Universidad de Chile.)

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Abstract

This paper investigates previously unresearched issues pertaining to the well-known Chilean innovations in Social Security. Previous empirical studies of the Chilean system used aggregate and macro data, without attention to individual heterogeneity. This study uses new household survey data, linked with Social Security records for over 20 years, to analyze selected reform issues related to social security coverage and the density and continuity of contributions to the social security system. The results lead to a better understanding of the participation determinants and the distributional aspects of the Chilean system, lay the groundwork for policy changes, and illuminate implications of the system reforms for other countries.

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File URL: http://www.mrrc.isr.umich.edu/publications/Papers/pdf/wp077.pdf
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Publisher Info
Paper provided by University of Michigan, Michigan Retirement Research Center in its series Working Papers with number wp077.

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Length: 46 pages
Date of creation: Mar 2001
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Handle: RePEc:mrr:papers:wp077

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Feldstein, Martin, 1996. "The Missing Piece in Policy Analysis: Social Security Reform," American Economic Review, American Economic Association, vol. 86(2), pages 1-14, May.
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  2. De Mesa, Alberto Arenas & Bertranou, Fabio, 1997. "Learning from social security reforms: Two different cases, Chile and Argentina," World Development, Elsevier, vol. 25(3), pages 329-348, March. [Downloadable!] (restricted)
  3. Prof. Dr. Robert Holzmann, 1994. "Funded and Private Pensions for Eastern European Countries in Transition?," Public Economics 9405004, EconWPA. [Downloadable!]
  4. Peter S. Heller, 1998. "Rethinking Public Pension Reform Initiatives," IMF Working Papers 98/61, International Monetary Fund.
  5. Ricardo Paredes & Pilar Romaguera & Andras Uthoff, 1987. "Modelos de capital humano y segmentación: test y nueva evidencia," Estudios de Economia, University of Chile, Department of Economics, vol. 14(2 Year 19), pages 335-372, December. [Downloadable!]
  6. Peter Diamond, 2004. "Social Security," American Economic Review, American Economic Association, vol. 94(1), pages 1-24, March. [Downloadable!]
  7. Laurence J. Kotlikoff, 1996. "Simulating the Privatization of Social Security in General Equilibrium," NBER Working Papers 5776, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Alberto Arenas de Mesa & David Bravo & Jere R. Behrman & Olivia S. Mitchell & Petra E. Todd, 2006. "The Chilean Pension Reform Turns 25: Lessons From the Social Protection Survey," NBER Working Papers 12401, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  2. Estelle James & Alejandra CoxEdwards & Augusto Iglesias, 2007. "The Impact of Private Participation on Disability Costs: Evidence from Chile," Working Papers wp161, University of Michigan, Michigan Retirement Research Center. [Downloadable!]
  3. Estelle James & Augusto Iglesias Palau, 2006. "How to Integrate Disability Benefits into a System with Individual Accounts: The Chilean Model," Working Papers wp111, University of Michigan, Michigan Retirement Research Center. [Downloadable!]
  4. Alejandra Cox-Edwards & Estelle James, 2006. "Crowd-out, Adverse Selection and Information in Annuity Markets: Evidence from a New Retrospective Data Set in Chile," Working Papers wp147, University of Michigan, Michigan Retirement Research Center. [Downloadable!]
  5. 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. [Downloadable!]
  6. Luis Eduardo Arango & Luis Fernando Melo, 2006. "Determinantes De La Elección De Administradora De Pensiones: Primeras Estimaciones A Partir De Agregados," BORRADORES DE ECONOMIA 002315, BANCO DE LA REPÚBLICA. [Downloadable!]
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