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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Autor Principal: Becerra, Oscar
Otros Autores: The Economics of Informality Conference 2018
Formato: Objeto de conferencia (Conference Object)
Lenguaje:Inglés (English)
Publicado: Universidad del Rosario. Facultad de Economía 2018
Materias:
Acceso en línea:http://repository.urosario.edu.co/handle/10336/18263
id ir-10336-18263
recordtype dspace
spelling 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
institution EdocUR - Universidad del Rosario
collection DSpace
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
spellingShingle 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 12,131701