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.

Object Details

• Language: Englisch

References and Relationships

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

Classification and Topics

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

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Moncarz, Pedro E.
• Event: Veröffentlichung
• (who): Springer
• (where): Heidelberg
• (when): 2015

Further information

• DOI: doi:10.1007/s40503-015-0016-8
• Handle: http://hdl.handle.net/10419/195216
• Last update: 10.03.2025, 11:43 AM CET