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Desigualdade regional na distribuição dos recursos previdenciários: uma análise das transferências intrageracionais e de período


  • Carla de Barros Reis


  • Cássio Maldonado Turra



This paper aims to estimate the distributional effects of Social Security, among Brazilian regions, addressing two aspects: transfers between individuals of the same cohort but of different regions, i.e., cross-subsidies to consider the benefits and contributions made over life cycle, and transfers that occur among regions, from 2008. Through the use of measures of financial return, it checks if the system draws resources through tax from richer regions to deliver them, on payment of pensions, to the poorest. Exercises to standardize the age structure, pattern of mortality and socioeconomic factors are performed in order to isolate these components inter-regional flows of public pension funds. The results show that the system shows progressive fulfilling its social role in regional distribution of system funds. The protection afforded mainly the Northeast, implies, in contrast, in a considerable size of funds transfers between regions, with losses non trivial for the Southeast region and a negative net return to the North from the perspective of transfer period.

Suggested Citation

  • Carla de Barros Reis & Cássio Maldonado Turra, 2011. "Desigualdade regional na distribuição dos recursos previdenciários: uma análise das transferências intrageracionais e de período," Textos para Discussão Cedeplar-UFMG td447, Cedeplar, Universidade Federal de Minas Gerais.
  • Handle: RePEc:cdp:texdis:td447

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    Social Security; Transfers; Cohort; Brazilian regions.;

    JEL classification:

    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions

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