Public pensions and capital accumulation : the case of Brazil

Arbeitspapier

We use an OLG model to study the effects of the generous public sector pension system in Brazil. In our model there are two types of workers, one working in the private sector, the other working in the public sector. Public workers produce infrastructure or education services. We find that reducing generosity of the public sector pensions has large effects on capital accumulation and steady state income.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CESifo Working Paper ; No. 1539

Classification and Topics

• Classification: Wirtschaft ; Social Security and Public Pensions ; Public Goods ; Fiscal Policy
• Subject: pension reform ; capital accumulation ; Ruhegehalt ; Rentenreform ; Wirtschaftspolitische Wirkungsanalyse ; Investition ; Brasilien

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Glomm, Gerhard ; Jung, Jürgen ; Lee, Changmin ; Tran, Chung
• Event: Veröffentlichung
• (who): Center for Economic Studies and ifo Institute (CESifo)
• (where): Munich
• (when): 2005

Further information

• Handle: http://hdl.handle.net/10419/19003
• Last update: 10.03.2025, 11:45 AM CET