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Dynamic labor supply and saving incentives in privatized pension systems: evidence from Chile

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  • Clement Joubert

    (University of Pennsylvania)

Abstract

government can increase total household savings by 14% by increasing the required contribution rate by 5 percentage points. However, it also lowers pension system coverage by 5 percentage points as people leave the covered sector for the uncovered sector.

Suggested Citation

  • Clement Joubert, 2010. "Dynamic labor supply and saving incentives in privatized pension systems: evidence from Chile," 2010 Meeting Papers 291, Society for Economic Dynamics.
    • Handle: RePEc:red:sed010:291
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    Cited by:

    1. Kathleen McKiernan, 2021. "Social Security Reform in the Presence of Informality," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 40, pages 228-251, April.
    2. Kathleen McKiernan, 2018. "Welfare Impact of Social Security Reform: The Case of Chile in 1981," 2018 Meeting Papers 253, Society for Economic Dynamics.
    3. Joubert,Clement Jean Edouard, 2020. "Gender Pension Gaps in a Private Retirement Accounts System : A Dynamic Model of Household Labor Supply and Savings," Policy Research Working Paper Series 9322, The World Bank.

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