Este documento desarrolla un modelo para el sistema de pensiones peruano con el fin de estudiar los probables efectos sobre distintos segmentos de la población de la reforma del Sistema Privado de Pensiones (SPP) peruano implementado en el año 2012. Se realizan además diversos experimentos...

In this paper we analyze the short and medium term fiscal costs stemming from structural pension reform, taking Chile as workhorse. The Chilean pension system, based on individual capital accounts managed by the private sector, has been in operation for almost 30 years, providing a rich evidence...

Establishing robust, equitable, and effective social protection is essential to reducing poverty and boosting prosperity at all levels of development. The demographic transition that has already transformed most high-income societies will exert similar and growing pressures on others,...