pension schemes (Chile, Mexico, Bolivia, and El Salvador) and four that have partially privatized (Argentina, Uruguay …, Colombia, and Peru). In Latin America privatization tends to have positive economic effects. It contributes to the development … suggesting that it may increase the national savings rate and economic growth. However, privatization also leads to higher …

almost 100%. Estimated time paths for taxes decline immediately with privatization, but the decline in benefits grows slowly … over a period of two or three decades. Labor force participation rates are not greatly affected by privatization, even if …

almost 100%. Estimated time paths for taxes decline immediately with privatization, but the decline in benefits grows slowly … over a period of two or three decades. Labor force participation rates are not greatly affected by privatization, even if …

. Martin Feldstein’s pro-privatization rhetoric relative to Social Security is first analyzed. A subsequent comparison his … rhetoric to that of George W. Bush concludes that both the political and the economic rhetoric of Social Security privatization …. -- Social Security ; individual accounts ; privatization ; ideograph ; rhetoric ; Feldstein …

reform debate has taken different directions in Europe and the USA. While the US debate is essentially about the role of …The reform of pension systems is on the political agenda in most European countries and in the USA. The paper considers … funding, in Europe it is mostly about the timing and features of changes in the PAYG schemes …

American countries. Chile, Columbia, and Mexico each have defined contributions social security systems, yet there are … system participation. For Colombia, only cross-section estimations are carried out, while panel data for Chile and Mexico … países de Latinoamérica. En Chile, Colombia y México, aún cuando cada uno de ellos tiene sistema de pensiones de …

We analyze the way in which social security privatization reform affects labor market outcomes. We develop a model of … unemployment. Results from simulation exercises suggest that in the case of Chile the reforms resulted in an increase in informal … the reduction of Chile's aggregate of unemployment …