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Los determinantes de la elección de AFP en Chile: nueva evidencia a partir de datos individuales

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Author Info
Solange Berstein Jáuregui
Carolina Cabrita Felix ()
Abstract

El presente artículo es el primero en utilizar datos individuales para analizar la demanda por AFP en Chile. El estudio emplea técnicas de datos de panel que permiten estimar la probabilidad de traspaso de un afiliado. Los resultados obtenidos confirman el rol reponderante de las fuerzas de venta, ya sugerido previamente por estudios que utilizaron datos agregados por AFP. En particular, se muestra que si bien la sensibilidad de la demanda en relación a precios y rentabilidad es baja, ésta se incrementa notablemente cuando se asocia a la participación de un vendedor.

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File URL: http://econ.uchile.cl/public/Archivos/pub/e6e6700d-962d-4640-a612-2c10a9bfda9e.pdf
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Publisher Info
Article provided by University of Chile, Department of Economics in its journal Estudios de Economia.

Volume (Year): 34 (2007)
Issue (Month): 1 Year 2007 (June)
Pages: 53-72
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Handle: RePEc:udc:esteco:v:34:y:2007:i:1:p:53-72

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Web page: http://www.econ.uchile.cl/
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Related research
Keywords: Sistema de pensiones AFP sensibilidad de la demanda datos individuales.

Find related papers by JEL classification:
J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Private Pensions
D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data

References listed on IDEAS
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  1. Solange Berstein & Alejandro Micco, 2002. "Turnover and Regulation: The Chilean Pension Fund Industry," Working Papers Central Bank of Chile 180, Central Bank of Chile. [Downloadable!]
  2. Rodrigo Cerda, 2006. "Movilidad en la Cartera de Cotizantes por AFP: La Importancia de ser Primero en Rentabilidad," Documentos de Trabajo 309, Instituto de Economía. Pontificia Universidad Católica de Chile.. [Downloadable!]
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This page was last updated on 2008-12-17.


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