Effects of pension benefits on pre-retirement labor supply: Evidence from Chile
This paper describes the effects of pension benefits on pre-retirement labor supplyfor a representative sample of Chilean workers. Using non-linearities in benefits and areform that changed non-contributory pensions, I estimate the effect of pension wealthand pensi...
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Universidad del Rosario. Facultad de Economía
2018
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Acceso en línea: | http://repository.urosario.edu.co/handle/10336/18263 |
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ir-10336-182632019-09-19T12:37:54Z Effects of pension benefits on pre-retirement labor supply: Evidence from Chile Becerra, Oscar The Economics of Informality Conference 2018 Oferta de trabajo Economía informal Prestaciones de jubilación Economía laboral Mercado laboral Economía informal Sueldos, pensiones, etc. Congresos, conferencias, etc. Labor supply Informal economy Pension benefits This paper describes the effects of pension benefits on pre-retirement labor supplyfor a representative sample of Chilean workers. Using non-linearities in benefits and areform that changed non-contributory pensions, I estimate the effect of pension wealthand pension accrual rate on labor force and contributory-sector participation, earnings,and hours worked. I find that the response of labor supply to future pension benefitsis mostly through the effect of the pension accrual on the probability to contributeto the pension system. My results suggest that pension benefits affect labor supplyallocation, an effect that should be considered in the design of pension reforms. 2018-05-29 2018-08-08T18:39:13Z info:eu-repo/semantics/conferenceObject info:eu-repo/semantics/publishedVersion http://repository.urosario.edu.co/handle/10336/18263 eng Atribución-NoComercial-CompartirIgual 2.5 Colombia http://creativecommons.org/licenses/by-nc-sa/2.5/co/ info:eu-repo/semantics/openAccess application/pdf Universidad del Rosario. Facultad de Economía instname:Universidad del Rosario reponame:Repositorio Institucional EdocUR |
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EdocUR - Universidad del Rosario |
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language |
Inglés (English) |
topic |
Oferta de trabajo Economía informal Prestaciones de jubilación Economía laboral Mercado laboral Economía informal Sueldos, pensiones, etc. Congresos, conferencias, etc. Labor supply Informal economy Pension benefits |
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Oferta de trabajo Economía informal Prestaciones de jubilación Economía laboral Mercado laboral Economía informal Sueldos, pensiones, etc. Congresos, conferencias, etc. Labor supply Informal economy Pension benefits Becerra, Oscar Effects of pension benefits on pre-retirement labor supply: Evidence from Chile |
description |
This paper describes the effects of pension benefits on pre-retirement labor supplyfor a representative sample of Chilean workers. Using non-linearities in benefits and areform that changed non-contributory pensions, I estimate the effect of pension wealthand pension accrual rate on labor force and contributory-sector participation, earnings,and hours worked. I find that the response of labor supply to future pension benefitsis mostly through the effect of the pension accrual on the probability to contributeto the pension system. My results suggest that pension benefits affect labor supplyallocation, an effect that should be considered in the design of pension reforms. |
author2 |
The Economics of Informality Conference 2018 |
author_facet |
The Economics of Informality Conference 2018 Becerra, Oscar |
format |
Objeto de conferencia (Conference Object) |
author |
Becerra, Oscar |
author_sort |
Becerra, Oscar |
title |
Effects of pension benefits on pre-retirement labor supply: Evidence from Chile |
title_short |
Effects of pension benefits on pre-retirement labor supply: Evidence from Chile |
title_full |
Effects of pension benefits on pre-retirement labor supply: Evidence from Chile |
title_fullStr |
Effects of pension benefits on pre-retirement labor supply: Evidence from Chile |
title_full_unstemmed |
Effects of pension benefits on pre-retirement labor supply: Evidence from Chile |
title_sort |
effects of pension benefits on pre-retirement labor supply: evidence from chile |
publisher |
Universidad del Rosario. Facultad de Economía |
publishDate |
2018 |
url |
http://repository.urosario.edu.co/handle/10336/18263 |
_version_ |
1645141555533578240 |
score |
12,111491 |