Los efectos de la Reforma uruguaya de la Seguridad Social en el ahorro
The reform of the Uruguayan social security system approved in 1995 might raise national savings in the median and long run, if it induces increases in mean retirement ages or causes a substantial reduction of evasion. Otherwise, the reform might cause a reduction of national savings. Simulations of the reform show that the effects of the reform on national savings in the median and long run depend basically on its effect on public savings. Effects of the reform on national savings through both families’ voluntary savings and savings in pension funds (AFAP) are less important, particularly in the long run.
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Handbook of Public Economics,
in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 4, chapter 32, pages 2245-2324
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- Robert Holzmann, 1997. "Fiscal Alternatives of Moving from Unfunded to Funded Pensions," OECD Development Centre Working Papers 126, OECD Publishing.
- Richard Disney, 1996. "Can We Afford to Grow Older?," MIT Press Books, The MIT Press, edition 1, volume 1, number 026204157x, June.
- Marisa Bucheli, 1998. "Los efectos de la Reforma de la Seguridad Social sobre las cuentas generacionales," Documentos de Trabajo (working papers) 1498, Department of Economics - dECON.
- Arrau, Patricio, 1990. "Social security reform : the capital accumulation and intergenerational distribution effect," Policy Research Working Paper Series 512, The World Bank.
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- Marco Santamaria, 1991. "Privatizing social security: the Chilean case," Research Paper 9127, Federal Reserve Bank of New York.
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