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The demographic shift underway in Southern Europe requires a revision of some of the fundamental principles of the traditional welfare state. We analyze the evolution of several aspects of welfare and social expenditure over the last two decades. We find that in the context of the present...
Persistent link: https://www.econbiz.de/10005771949
The main idea upon which this paper is based is that outlined by Samuelson (1958) -that a pensions system, financed by … future financial viability of the general Spanish retirement pensions system, using the two basic expressions developed. La …
Persistent link: https://www.econbiz.de/10005812820
retirement pensions, the social security contributions and the GDP through 2060. The model makes use of detailed hypothesis … (contributions over pensions) of immigrants is clearly above that of natives and will be so until 2055, when both ratios will be well …
Persistent link: https://www.econbiz.de/10005418943
This paper analyzes the evolution of the social security system in Uruguay, from the 19th century to the re-institutionalization of the “Banco de Previsión Social” (BPS) in 1986. It is common to consider that the legislation of retirement began in 1896 with the foundation of the first fund;...
Persistent link: https://www.econbiz.de/10009131218
simulated NDC + CC system. We consider a pure NDC system and also one supplemented with minimum pensions and one supplemented … without minimum pensions. That is, an improvement in the actuarial fairness would lead to an improvement in the welfare of low …
Persistent link: https://www.econbiz.de/10008833406
transparency, an indicator of the solvency, sustainability and financial solidity of the pay-as-you-go system and a tool capable of …
Persistent link: https://www.econbiz.de/10005515854
The estimations in this paper show that there is a high risk that a very significant share of the workers registered in the work history of the main social security institution of Uruguay (the BPS) will not be able to comply with the condition of contributing 35 years to access the pension when...
Persistent link: https://www.econbiz.de/10005518321
pensions, while women are over-represented in the assistential and survivor pension programs. This difference is linked to the …
Persistent link: https://www.econbiz.de/10004990419
We present in this paper an estimation of the distributive effects of the reform of the Uruguayan pensions system …
Persistent link: https://www.econbiz.de/10005730217
The demographic shift underway in Southern Europe requires a revision of some of the fundamental principles of the traditional welfare state. We analyze the evolution of several aspects of welfare and social expenditure over the last two decades. We find that in the context of the present...
Persistent link: https://www.econbiz.de/10005572670