La reforma del sistema de pensiones del Instituto Mexicano del Seguro Social (IMSS) efectuada en 1997 permitio acotar el creciente costo fiscal que significaba el anterior esquema de reparto. A 16 anos de su creacion, el Sistema de Ahorro para el Retiro (SAR) ha tenido efectos macroeconomicos...

Matching defined contribution schemes are gaining popularity in both rich and poor countries as a promising means to reduce gaps in the participation in formal pension systems.

Norwegian administrative data are used to evaluate the impact of a doubling of the threshold in the retirement earnings test. We find almost no impact on the extensive margin, but a positive effect on the intensive margin. This positive effect is uneven over the earnings distribution, and...

In the paper is considered identification of coefficients in equations explaining a continuous variable, say the number of sickness absence days of an individual per year, by cohort, time and age, subject to their definitional identity. Extensions of a linear equation to polynomials, including...

Identification of equations explaining a continuous variable, e.g., the length of sickness absence spells, by age, cohort and time (ACT), subject to their definitional identity is reconsidered. Various extensions of a linear equation to polynomials are explored. If no interactions between the...

Today’s demand for social insurance is supported by economic reasoning showing that private insurance markets do not provide efficient coverage for medical insurance, for inter-generational risk sharing and for income instability. It is unfashionable to say but government intervention in these...

In most industrialized countries, the work and family patterns of the baby boomers characterized by more heterogeneous working careers and less stable family lives setthem apart from preceding cohorts. Thus, it is of crucial importance to understand how these different work and family lives are...

This study analyses how pension policy reforms that aim at lengthening working careers impact working careers, income distribution, and fiscal sustainability of both the earnings-related pension system and overall public finances. The research focuses on the economic outcomes of increasing the...

This paper studies the roll of Family Allowances as indirect wages from a perspective of economic history. The analysis, made from the perspective of the Régulation Theory, focuses on uruguayan industrial workers and covers the period 1943-2005. From the analysis of Family Allowances as an...

In many countries the fiscal tension associated with the global financial crisis brings about the discussion about unprivatizing the social security system. This paper employs an OLG model to assess ex ante the effects of such changes to the pension reform in Poland from 1999 as implemented in...