Implicit redistribution within Argentina's social security system: A micro-simulation exercise

Artikel

The intra-generational redistribution in the Argentinean pension program is assessed in a lifetime basis. Using household surveys, the lifetime flows of labor income, contributions and retirement benefits are simulated. Then, the expected present values of pre- and post-social security labor income are computed. The results show that the pay-as-you-go defined-benefit system appears to be regressive, especially for women in the private sector. The results are robust to the use of alternative discount rates and different definitions of pre- and post-social security wealth. When income from informal jobs is taken into account, the system becomes slightly progressive. A weak enforcement of the law makes the system less regressive. Finally, in a counterfactual scenario in which there is no informal labor, the system becomes almost neutral, even showing a small level of progressivity.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Journal: Latin American Economic Review ; ISSN: 2196-436X ; Volume: 24 ; Year: 2015 ; Issue: 1 ; Pages: 1-35 ; Heidelberg: Springer

Klassifikation und Themen

• Klassifikation: Wirtschaft ; National Government Expenditures and Related Policies: General ; Social Security and Public Pensions
• Thema: Social security ; Redistribution ; Micro-simulations ; Argentina

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Moncarz, Pedro E.
• Ereignis: Veröffentlichung
• (wer): Springer
• (wo): Heidelberg
• (wann): 2015

Weitere Informationen

• DOI: doi:10.1007/s40503-015-0016-8
• Handle: http://hdl.handle.net/10419/195216
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ