Système de retraite par répartition et chômage involontaire: éléments d'évaluation de réformes mixtes

Mouez Fodha and Patricia Le Maitre ()
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Patricia Le Maitre: UBS Vannes - Université de Bretagne Sud - Vannes - UBS - Université de Bretagne Sud

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Abstract: The ageing of the population, resulting from both the increase of life expectancy and the decrease of fertility rates will compromise pay-as-you-go social security schemes in the future. Many economic instruments could be used in order to maintain the balanced budget: the contributions, the benefits, the retirement age and the introduction of a funded pension plan. The aim of this paper is to evaluate the economic consequences of several reforms within a computable general equilibrium framework. We consider an overlapping generations model with labor heterogeneity: unskilled workers facing difficulties on the labour market and skilled workers. We show that a reform consisting simultaneously in the introduction of a funded pension system and the decreasing of benefits is Pareto-improving in the long term, but damages the welfare distribution between unskilled and skilled households. Moreover, we show that the increase in the legal retirement age is seven years.

Keywords: Système de retraite par répartition; chômage (search for similar items in EconPapers)
Date: 2008-03
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Published in Actualite Economique, 2008, 84 (1), pp.71-99

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Working Paper: Système de retraite par répartition et chômage involontaire: éléments d'évaluation de réformes mixtes (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00310493

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