Evaluating the Impact of COVID-19 on Pension Systems in Latin America and the Caribbean: The Case of Argentina

Rafael Rofman, Joaquín Baliña and Emanuel López Méndez

No 12467, IDB Publications (Working Papers) from Inter-American Development Bank

Abstract: This paper presents a first approximation to assess the impact of the COVID-19 outbreak on Argentinas pension system in both the short and medium/long-term. To this end, we have used the Pension Projection Model of the Inter-American Development Bank (IDB) to design and analyze possible scenarios and outcomes, based on alternative scenarios. According to the data analyzed and the projections, the impact of COVID-19 on Argentinas pension system in the short run seems to have been limited, particularly given the rapid recovery during the last months of 2021. The long-term impact is harder to predict. Given the macroeconomic effects of the efforts made by authorities to protect the system and pensioners during the pandemic on the one hand; and the effects of COVID-19 within the labor market on the other, overall consequences are still to be fully understood.

JEL-codes: I31 I38 J11 J14 (search for similar items in EconPapers)
Date: 2022-10
New Economics Papers: this item is included in nep-age
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Persistent link: https://EconPapers.repec.org/RePEc:idb:brikps:12467

DOI: 10.18235/0004508

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