Arbeitspapier

Efeitos redistributivos da reforma da previdência

The discussion around the possible impacts of the recently proposed pension reform (Constitutional Amendment Bill No. 287/2016) on poverty and inequality has been largely impressionistic to date. The present study tries to bridge this gap by using counterfactual microsimulations based on the 2015 National Household Survey (PNAD). These simulations allow for the comparison of poverty and inequality indicators observed in 2015 with estimates for the full implementation of two different versions of the pension reform (the proposed by the Executive and the proposed by the Chamber of Deputies). The effects of implementing the reform are computed both for the overall proposals and for each of their components. Finally, these effects are also estimated on the age structure expected for 2040. The simulations suggest that the pension reform would produce only modest distributive effects. The Executive version would have a larger impact (reaching, directly or indirectly, almost 20 per cent of the Brazilian population). It would increase the poverty rate (based on the ¼-of-the-minimum-wage poverty line) from the current 9.4 per cent to 11.1 per cent. Inequality would increase marginally. The Legislative version would marginally increase the poverty rate (in 0.4 percentage point) and decrease inequality marginally. The results do not support excessively optimistic or pessimistic perceptions about the possible effects of the pension reform on poverty and inequality. ¼-of-the-minimum-wage

Language
Portugiesisch

Bibliographic citation
Series: Texto para Discussão ; No. 2424

Classification
Wirtschaft
Personal Income, Wealth, and Their Distributions
Fiscal Policies and Behavior of Economic Agents: Household
Social Security and Public Pensions
Subject
pension reform
poverty
inequality

Event
Geistige Schöpfung
(who)
de Souza, Pedro Herculano Guimarães Ferreira
Vaz, Fábio Monteiro
Paiva, Luis Henrique
Event
Veröffentlichung
(who)
Instituto de Pesquisa Econômica Aplicada (IPEA)
(where)
Brasília
(when)
2018

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • de Souza, Pedro Herculano Guimarães Ferreira
  • Vaz, Fábio Monteiro
  • Paiva, Luis Henrique
  • Instituto de Pesquisa Econômica Aplicada (IPEA)

Time of origin

  • 2018

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