Dynamic labor supply and saving incentives in privatized pension systems: evidence from Chile

Clément Joubert ()

No 291, 2010 Meeting Papers from Society for Economic Dynamics

Abstract: government can increase total household savings by 14% by increasing the required contribution rate by 5 percentage points. However, it also lowers pension system coverage by 5 percentage points as people leave the covered sector for the uncovered sector.

Date: 2010
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