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Reforma del sistema de seguridad social y adquisicion de formacion

Author

Listed:
  • Juan Carlos Conesa
  • Carlos Garriga

    (Universitat de Barcelona)

Abstract

This paper uses a overlapping generation general equilibrium model to study a reform of the social security system, going from an unfunded to a funded system. We also analyze the effects of this reform on the incentives of young generations to acquire skills. the main objective is to evaluate the different dynamics generated conditional on the speed of the reform, exogenously specified, and to quantify the effects on individuals welfare. The model has been calibrated to the Spanish economy so that we obtain quantitative results for the Spanish case.

Suggested Citation

  • Juan Carlos Conesa & Carlos Garriga, 1998. "Reforma del sistema de seguridad social y adquisicion de formacion," Working Papers in Economics 42, Universitat de Barcelona. Espai de Recerca en Economia.
  • Handle: RePEc:bar:bedcje:199842
    as

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    References listed on IDEAS

    as
    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.
    2. Thomas F. Cooley & Jorge Soares, 1999. "A Positive Theory of Social Security Based on Reputation," Journal of Political Economy, University of Chicago Press, vol. 107(1), pages 135-160, February.
    3. Martin Feldstein & Andrew Samwick, 1998. "The Transition Path in Privatizing Social Security," NBER Chapters,in: Privatizing Social Security, pages 215-264 National Bureau of Economic Research, Inc.
    4. Juan F. Jimeno & Omar Licandro, 1999. "La tasa interna de rentabilidad y el equilibrio financiero del sistema español de pensiones de jubilación," Investigaciones Economicas, Fundación SEPI, vol. 23(1), pages 129-143, January.
    5. Juan C. Conesa & Dirk Krueger, 1999. "Social Security Reform with Heterogeneous Agents," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 2(4), pages 757-795, October.
    6. Alan J. Auerbach & Laurence J. Kotlikoff, 1984. "Simulating Alternative Social Security Responses to the Demographic Transition," NBER Working Papers 1308, National Bureau of Economic Research, Inc.
    7. Martin Feldstein, 1997. "Transition to a Fully Funded Pension System: Five Economic Issues," NBER Working Papers 6149, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Juan Carlos Conesa & Carlos Garriga, 1999. "La financiacion del Sistema de Seguridad Social en Espana: Efectos dinamicos de una posible reforma," Working Papers in Economics 49, Universitat de Barcelona. Espai de Recerca en Economia.
    2. Iza Padilla, María Amaya & Echevarría Olave, Cruz Ángel, 2008. "Social Security, Education, Retirement and Growth," DFAEII Working Papers 2008-01, University of the Basque Country - Department of Foundations of Economic Analysis II.
    3. Juan Carlos Conesa & Carlos Garriga, 2001. "Sistema Fiscal y Reforma de la Seguridad Social," Working Papers in Economics 67, Universitat de Barcelona. Espai de Recerca en Economia.
    4. Cruz A. Echevarría & Amaia Iza, 2011. "Social security, education retirement and growth," Hacienda Pública Española, IEF, vol. 198(3), pages 9-36, September.

    More about this item

    JEL classification:

    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions

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