Income Gap by Gender: Perpetuated or Exacerbated when Old?
Solange Berstein and
Andrea Tokman ()
Working Papers Central Bank of Chile from Central Bank of Chile
Many countries have switched from a pay-as-you-go pension systems to a fully funded scheme with individual accounts. These fully funded systems are commonly implemented as defined contribution schemes, so that the final benefits paid are uncertain and closely related the contribution profile. Therefore, different labor market participation rates and different wages between genders do not only have an impact on earnings during the working period, but also during retirement. Besides, some special features of the Chilean System augment that phenomena and some do the opposite. This article analyses why the relative income position of women with respect to men gets worse off in the old age and how different features of the system, the labor market and the individual affect that.
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:chb:bcchwp:334
Access Statistics for this paper
More papers in Working Papers Central Bank of Chile from Central Bank of Chile Contact information at EDIRC.
Bibliographic data for series maintained by Claudio Sepulveda ().