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Vol. 9, No. 1 (1994)

Vol. 9, No. 1 (1994)

 

Recent Submissions

  • 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 ...
  • 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 ...