Gender effects of social security reform in Chile

In 1981 Chile replaced a mature government-run social security system that operated on a pay-as-you-go basis with a privately managed system based on individual retirement accounts. The new system is more fiscally sustainable because pension benefits are defined by contributions. The new system also...

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Veröffentlicht in:Weltbank The World Bank economic review
1. Verfasser: Edwards, Alejandra Cox (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: 2002
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Zusammenfassung:In 1981 Chile replaced a mature government-run social security system that operated on a pay-as-you-go basis with a privately managed system based on individual retirement accounts. The new system is more fiscally sustainable because pension benefits are defined by contributions. The new system also eliminates several cross-subsidies. Men and women with less than secondary education gain under the new system, but single women with more education lose. Comparison of the old and the new systems reveals a complex set of factors that cause gender effects given constant behavior or change behavior across genders. (InWent/DÜI)
Beschreibung:In: The World Bank economic review
Beschreibung:graph. Darst
ISSN:0258-6770