Pension Reform in Brazil: Transitional Issues in a Model with Endogenous Labor Supply

Sergio Ferreira
Additional contact information
Sergio Ferreira: IBMEC Business School - Rio de Janeiro

No 2005-02, IBMEC RJ Economics Discussion Papers from Economics Research Group, IBMEC Business School - Rio de Janeiro

Abstract: Brazilian PAYG system has been under financial stress and needs to be reformed. I use a computational general equilibrium model, with 55 overlapping generations to simulate macroeconomic and welfare impacts of alternative social security reforms. Transition turns out to have quite different redistributional effects for the generations involved depending on which tax is used to finance it. Under a variety of possible transitional schemes, there is no tax path that is strictly preferred by every generation.

Keywords: Social Security; Welfare; General Equilibrium; Macroeconomics; Overlapping Generation (search for similar items in EconPapers)
JEL-codes: D58 D91 E62 (search for similar items in EconPapers)
Date: 2005-11-25
New Economics Papers: this item is included in nep-cmp, nep-dge and nep-mac
References: Add references at CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://professores.ibmecrj.br/erg/dp/papers/dp200502.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to professores.ibmecrj.br:80 (No such host is known. )

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ibr:dpaper:2005-02

Access Statistics for this paper

More papers in IBMEC RJ Economics Discussion Papers from Economics Research Group, IBMEC Business School - Rio de Janeiro Contact information at EDIRC.
Bibliographic data for series maintained by Márcio Laurini ( this e-mail address is bad, please contact ).