IDEAS home Printed from https://ideas.repec.org/p/ioe/doctra/357.html

Estudio Actuarial de los Fondos de Cesantía 2008

Author

Listed:
  • Rodrigo Cerda; Fernando Coloma.

    (Instituto de Economía. Pontificia Universidad Católica de Chile.)

  • Fernando Coloma.

Abstract

Este trabajo presenta proyecciones actuariales de la situación financiera de la Administradora de Fondos de Cesantía (AFC). Para realizar esta tarea, el trabajo incorpora la modelación de las principales variables macroeconómicas de la economía chilena y relaciona los cambios en estas variables con la situación patrimonial de la AFC. Se utiliza un modelo anual de equilibrio general computable con generaciones traslapadas que se calibra para la economía chilena. En el modelo interactúan empresas, trabajadores y la AFC. Al ser un modelo de equilibrio general, los precios son determinados al interior del modelo. Los precios fundamentales son la tasa de interés (precio del mercado del capital) y los salarios de los mercados laborales de (i) contratos indefinidos, (ii) contratos a plazos, y (iii) contratos no afectos a AFC. Estos precios varían cada año dependiendo de las condiciones generales de la economía.

Suggested Citation

  • Rodrigo Cerda; Fernando Coloma. & Fernando Coloma., 2009. "Estudio Actuarial de los Fondos de Cesantía 2008," Documentos de Trabajo 357, Instituto de Economia. Pontificia Universidad Católica de Chile..
    • Handle: RePEc:ioe:doctra:357
    as

    Download full text from publisher

    File URL: https://www.economia.uc.cl/docs/doctra/dt-357.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Kenneth L. Judd, 1998. "Numerical Methods in Economics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262100711, December.
    2. Cerda, Rodrigo & Vergara, Rodrigo, 2007. "Unemployment insurance in Chile: Does it stabilize the business cycle?," Journal of Policy Modeling, Elsevier, vol. 29(3), pages 473-488.
    3. Eduardo Fajnzylber & Isabel Poblete, 2010. "Un Modelo de Proyección para el Seguro de Cesantía," Working Papers 41, Superintendencia de Pensiones, revised May 2010.
    4. Solange Berstein & Guillermo Larraín & Francisco Pino, 2005. "Cobertura, densidad y pensiones en Chile: Proyecciones a 20 años plazo," Working Papers 12, Superintendencia de Pensiones, revised Nov 2005.
    5. Solange Berstein & Eduardo Fajnzylber & Pamela Gana & Isabel Poblete, 2007. "Cinco Años de Funcionamiento del Seguro de Cesantía en Chile," Working Papers 23, Superintendencia de Pensiones, revised Dec 2007.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Evelyn Benvin & Solange Berstein & Olga Fuentes & Jorge Miranda & Nicolás Torrealba & Mario Vera, 2009. "Carteras Referenciales y Esquema de Premios y Castigos para los Fondos de Cesantía," Working Papers 34, Superintendencia de Pensiones, revised Jan 2012.
    2. Eduardo Fajnzylber & Isabel Poblete, 2010. "Crisis and unemployment: modeling the Chilean Unemployment Insurance program," Working Papers wp_002, Adolfo Ibáñez University, School of Government.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Eduardo Fajnzylber R. & Isabel Poblete H., 2013. "Analysis of the use of benefits under Chilean unemployment insurance," Journal Econom a Chilena (The Chilean Economy), Central Bank of Chile, vol. 16(3), pages 32-68, December.
    2. Isabel Poblete, 2011. "Análisis del uso de beneficios en el Seguro de Cesantía Chileno," Working Papers 51, Superintendencia de Pensiones, revised Oct 2011.
    3. Rodrigo Cerda, 2006. "Pensiones en Chile: ¿Qué Hubiese Ocurrido sin la Reforma de 1981?," Documentos de Trabajo 310, Instituto de Economia. Pontificia Universidad Católica de Chile..
    4. Cerda, Rodrigo A., 2008. "The Chilean pension reform: A model to follow?," Journal of Policy Modeling, Elsevier, vol. 30(3), pages 541-558.
    5. Solange Berstein & Eduardo Fajnzylber & Pamela Gana & Isabel Poblete, 2007. "Cinco Años de Funcionamiento del Seguro de Cesantía en Chile," Working Papers 23, Superintendencia de Pensiones, revised Dec 2007.
    6. Bucheli, Marisa & Forteza, Alvaro & Rossi, Ianina, 2008. "Work history and the access to contributory pensions in Uruguay : some facts and policy options," The Social Policy and Labor Discussion Paper Series 90345, The World Bank.
    7. Richard Pierse, 2006. "Optimal control in nonlinear models: a generalised Gauss-Newton algorithm with analytic derivatives," School of Economics Discussion Papers 0906, School of Economics, University of Surrey.
    8. Adjemian, Stéphane & Juillard, Michel, 2025. "Stochastic Extended Path," Dynare Working Papers 84, CEPREMAP, revised Sep 2025.
    9. Ning Wang, 2019. "The demand for life insurance in a heterogeneous-agent life cycle economy with joint decisions," The Geneva Risk and Insurance Review, Palgrave Macmillan;International Association for the Study of Insurance Economics (The Geneva Association), vol. 44(2), pages 176-206, September.
    10. Francisco Gallego & Andrés Hernando, 2009. "School Choice in Chile: Looking at the Demand Side," Documentos de Trabajo 356, Instituto de Economia. Pontificia Universidad Católica de Chile..
    11. Claude Hillinger, 2002. "A General Theory of Price and Quantity Aggregation and Welfare Measurement," CESifo Working Paper Series 818, CESifo.
    12. Mordecai Kurz & Maurizio Motolese & Giulia Piccillo & Howei Wu, 2015. "Monetary Policy with Diverse Private Expectations," Discussion Papers 15-004, Stanford Institute for Economic Policy Research.
    13. Salerno, Gillian & Beard, Rodney & McDonald, Stuart, 2007. "Rent Seeking Behavior and Optimal Taxation of Pollution in Shallow Lakes," MPRA Paper 11225, University Library of Munich, Germany, revised 22 Oct 2008.
    14. Maria Casanova-Rivas, 2008. "Dynamic Complementarities: A Computational and Empirical Analysis of Couples' Retirement Decisions," 2008 Meeting Papers 1073, Society for Economic Dynamics.
    15. Andreas Lanz & Gregor Reich & Ole Wilms, 2022. "Adaptive grids for the estimation of dynamic models," Quantitative Marketing and Economics (QME), Springer, vol. 20(2), pages 179-238, June.
    16. Marco Ratto, 2008. "Analysing DSGE Models with Global Sensitivity Analysis," Computational Economics, Springer;Society for Computational Economics, vol. 31(2), pages 115-139, March.
    17. Karantounias, Anastasios G., 2023. "Doubts about the model and optimal policy," Journal of Economic Theory, Elsevier, vol. 210(C).
    18. Guerra Vallejos, Ernesto & Bobenrieth Hochfarber, Eugenio & Bobenrieth Hochfarber, Juan & Wright, Brian D., 2021. "Solving dynamic stochastic models with multiple occasionally binding constraints," Economic Modelling, Elsevier, vol. 105(C).
    19. Pelin Ilbas, 2006. "Optimal Monetary Policy rules for the Euro area in a DSGE framework," Working Papers of Department of Economics, Leuven ces0613, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
    20. Atanas Christev, 2006. "Learning Hyperinflations," Computing in Economics and Finance 2006 475, Society for Computational Economics.

    More about this item

    JEL classification:

    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ioe:doctra:357. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jaime Casassus (email available below). General contact details of provider: https://edirc.repec.org/data/iepuccl.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.