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Cálculo da Alíquota de Contribuição Previdenciária Atuarialmente Equilibrada: uma Aplicação ao Caso Brasileiro

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  • Giambiagi, Fabio
  • Afonso, Luís Eduardo

Abstract

The aim of this paper is to calculate the contribution tax rate that equals expected present values of contributions and old-age benefits in a social security system. A theoretical exercise is developed to generate an analytical formula for the contribution rate, complemented for an empirical analysis, using Brazilian data. The tax rate is calculated in diverse situations, including differences of gender, educational level and type of retirement. The main conclusion is that contribution rates around 31%, as the ones observed in Brazil, are too high for retirement by contribution time, but insufficient for the retirement by age, especially for women.

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  • Giambiagi, Fabio & Afonso, Luís Eduardo, 2009. "Cálculo da Alíquota de Contribuição Previdenciária Atuarialmente Equilibrada: uma Aplicação ao Caso Brasileiro," Revista Brasileira de Economia - RBE, FGV/EPGE - Escola Brasileira de Economia e Finanças, Getulio Vargas Foundation (Brazil), vol. 63(2), June.
  • Handle: RePEc:fgv:epgrbe:v:63:y:2009:i:2:a:1207
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    1. Fábio Giambiagi & João Luis de Oliveira Mendonça & Kaizô Iwakami Beltrão & Vagner Laerte Ardeo, 2004. "Diagnóstico da Previdência Social no Brasil : O que foi Feito e o que Falta Reformar ?," Discussion Papers 1050, Instituto de Pesquisa Econômica Aplicada - IPEA.
    2. Martin Feldstein, 1995. "Would Privatizing Social Security Raise Economic Welfare?," NBER Working Papers 5281, National Bureau of Economic Research, Inc.
    3. Guilherme C. Delgado & Ana Carolina Querino & Leonardo Rangel & Matheus Stivali, 2006. "Avaliação de Resultados da Lei do Fator Previdenciário (1999-2004)," Discussion Papers 1161, Instituto de Pesquisa Econômica Aplicada - IPEA.
    4. Martin Feldstein & Andrew Samwick, 2000. "Allocating Payroll Tax Revenue to Personal Retirement Accounts to Maintain Social Security Benefits and the Payroll Tax Rate," NBER Working Papers 7767, National Bureau of Economic Research, Inc.
    5. Feldstein, Martin & Samwick, Andrew A., 1992. "Social Security Rules and Marginal Tax Rates," National Tax Journal, National Tax Association;National Tax Journal, vol. 45(1), pages 1-22, March.
    6. Martin Feldstein, 2005. "Structural Reform of Social Security," Journal of Economic Perspectives, American Economic Association, vol. 19(2), pages 33-55, Spring.
    7. Feldstein, Martin, 2005. "Structural Reform of Social Security," Scholarly Articles 2794830, Harvard University Department of Economics.
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    Cited by:

    1. Bernardo Lanza Queiroz & Moema Gonçalves Bueno Figoli, 2011. "Population aging and the rising costs of public pension in Brazil," Textos para Discussão Cedeplar-UFMG td438, Cedeplar, Universidade Federal de Minas Gerais.
    2. repec:eee:joecag:v:9:y:2017:i:c:p:1-13 is not listed on IDEAS

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