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Revista de Análisis Económico (1994)

Revista de Análisis Económico (1994)

 

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  • Larrañaga, Osvaldo (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios, 1994)
    This article presents solid evidence showing that economic growth has been the main driving force behind the large reduction in poverty observed in Chile during the 1987-1992 period. This conclusion is shown to be robust ...
  • Camarero, Mariam; Esteve, Vicente; Tamarit, Cecilio (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios, 1994)
    In this paper the sustainability of the Spanish fiscal policy is examined. The aim of the paper is to test whether the government's budget is balanced intertemporally in the context of a growing economy. where the variables ...
  • Budnevich, Carlos (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios, 1994)
    A basic theme in the theory of international trade has been to study welfare gains and income redistribution caused by trade liberalization. Using optimizing finite lives overlapping generations combined with long-term ...
  • Feliz, Raul A.; Soldevilla, Grocio (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios, 1994)
    In this article, the empirical relevance of the classical theory of inflation for explaining the hyperinflationary experiences of Peru and Bolivia during the decade of the eighties, is evaluated using econometric methods. ...
  • Valdés-Prieto, Salvador (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios, 1994)
    The paper uses a simulation model to quantify the impact on income distribution of the substilution of a progressive social security program that redistributes towards the poor, but isfinanced with the PAYC method, by a ...
  • Johnson, Christian (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios, 1994)
    The empirical Real Business Cycle models started with the pioneer work of Kydland and Prescott (1982). Since then, many work has been done using their approach. This paper is based in this standard real business cycle model ...
  • Diamond, Peter (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios, 1994)
    In Chile, all covered workers must save 10% of monthly earnings wilh a highly regulated intermediary Ihat monages a single fund and provides survivors and disability insurance. Workers pay a commission charge, in addition ...
  • Corsetti, Giancarlo (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios, 1994)
    Fulfy-funded pension systems are claimed to be less distortionary of labor allocation decisions than pay-as-you-go systems. This paper explores this issue in the framework of an overlapping generation model of endogenous ...
  • Cifuentes, Rodrigo (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios, 1994)
    Nowadays, many countries are facing severe problems to finance their Social Security Systems. Most systems are financed on a pay-as-you-go basis, where financial problems come from two main sources. On the one hand, most ...
  • Fragelli-Cardoso, Renato; Magalh�es, Uriel De; Schymura de Oliveira, Luiz; Portocarrero, Helio (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios, 1994)
    The Brazilian pay-as-you-go social security program is analyzed in a historical perspective. Its contribution to income inequality, and the role played by the inflation as a balancing variable are discussed. It is shown ...
  • Carvalho, José L.; Faro, Clovis De (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios, 1994)
    Given that the current official pension plan in Brazil is not feasible, several reform proposals have been recently submited. In a previous work, we have developed a scheme which has its fundamentals based on a market ...
  • Arrau, Patricio; Schmidt-Hebbel, Klaus (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios, 1994)
    Pension reform is spreading around the globe. ranging from Latin America to OECD countries, with current discussions of major reform projects in many other developing. transition, and OECD economies. This paper surveys ...
  • Uthoff Botka, Andras (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios, 1994)
    The heterogenous nature of their population is an important feature of Latin American and Caribbean countries. Overall demographic transition is late and lagged within countries in some population groups: aging is taking ...
  • Holzmann, Robert (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios, 1994)
    All reform countries in Central and Eastern Europe require a rapid and comprehensive restructuring of their public pension schemes for macroand microeconomic reasons. For the time being, however, progress in reform is very ...
  • Ribe, Frederick (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios, 1994)
    This paper reviews the structure and economic effects of the fullyfunded centralized public pension programs in several East Asian countries. The major weaknesses of these programs are variable and often inadequate replacement ...
  • Hsin, Ping-Lung; Mitchell, Olivia (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios, 1994)
    The purpose of this paper is to describe and evaluate how public sector defined benefit pension plans are managed, and to assess possible implications of different pension management styles for promised pension benefits. ...
  • Kotlikoff, Laurence (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios, 1994)
    This paper reviews the social insurance analysis of Multilateral Lending Institutions (MLI). It first describes a country's fiscal fundamentals. Consideration of how social insurance programs affect these fundamentals leads ...
  • Zurita, Salvador (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios, 1994)
    One of the "social" features of the Chilean individual capitalization pension system is the minimum pension scheme. which guarantees its members a minimum pension irrespective of the funds they accumulate, with the only ...