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Welfare Effects of Social Security Reforms Across Europe : the Case of France and Italy

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Author Info
Raquel Fonseca () (CSEF, University of Salerno)
Thepthida Sopraseuth () (EPEE, University of Evry and CEPREMAP)

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Abstract

This paper uses a calibrated life cycle model to quantify the distributional effects of Social Security reforms. We focus only on two countries: Italy and France because they adopted two different strategies to cope with aging. While France marginally modified its defined pension plan, Italy switched from a defined pension plan to a contributive system. We find both reforms redistributes welfare unevenly: high skilled workers are the primary winners of the French reform and self employed individuals, especially unskilled workers, are the losers under the new Italian Social Security arrangement.

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File URL: http://www.csef.it/WP/wp138.pdf
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Publisher Info
Paper provided by Centre for Studies in Economics and Finance (CSEF), University of Salerno, Italy in its series CSEF Working Papers with number 138.

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Date of creation: 01 Apr 2005
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Handle: RePEc:sef:csefwp:138

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