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condition of contributing 35 years to access the pension when they reach the usual ages for retirement, if the frequencies of …
Persistent link: https://www.econbiz.de/10005518321
We analyze recent trends of the activity rates and retirement of Uruguayan old age workers. We find that in Uruguay … the 1996 social security reform. The minimum retirement age seems to be playing a key role in the retirement of Uruguayan … workers. We find peaks of retirement at the minimum retirement age and a gradual increase of the retirement age of women which …
Persistent link: https://www.econbiz.de/10008458141
In Uruguay, the pension programs cover over 90% of the elderly. Men are more likely to be eligible for the contributory pensions, while women are over-represented in the assistential and survivor pension programs. This difference is linked to the fact that women tend to have longer spells out of...
Persistent link: https://www.econbiz.de/10004990419
when they reach the retirement age. …
Persistent link: https://www.econbiz.de/10005481474
wealth losses if they postpone retirement. These losses tend to represent a greater share of workers wages in Uruguay than in …, providing incentives to postpone retirement. It is unclear yet what effects these changes will have on retirement. So far, only … in the case of women a clear increase in the retirement age has been observed and it seems to have been caused by the …
Persistent link: https://www.econbiz.de/10008509344
Armington elasticities of substitution – AEs – are a crucial set of parameters that allows CGEMs applied to trade to be operational. In the case of Uruguay, no estimated values for these parameters have been available until now, forcing researchers to impose them arbitrarily. We here start...
Persistent link: https://www.econbiz.de/10008833395
It is usually accepted that a pure NDC scheme is not adequate to protect individuals against the risk of poverty in old age, because it does not incorporate any redistribution of the system`s revenue. However, we show that insufficient coverage and weak social protection can be more seriuos...
Persistent link: https://www.econbiz.de/10008833406
. Our results indicate that most programs are progressive. In most programs, retirement ages do not have a sizeable impact …
Persistent link: https://www.econbiz.de/10008833414
We present a new database of social security indicators for eleven Latin American countries designed to assess pension schemes in terms of the payments they promise in return to contributions. Based on this data, we analyze inequality, insurance and incentives to work. Our results indicate that...
Persistent link: https://www.econbiz.de/10008833421
Pension systems’ performance around the world can be usually assessed by considering three dimensions: coverage, adequacy, and sustainability. This paper focuses on the coverage dimension, looking at empirical data in Latin America. It represents a review and expansion of a previous analysis...
Persistent link: https://www.econbiz.de/10008833428