IDEAS home Printed from https://ideas.repec.org/p/wiw/wus009/1560.html
   My bibliography  Save this paper

Die Privatisierung des Pensionssystems in Lateinamerika. Ursachen und Folgen des Experiments in Chile

Author

Listed:
  • Jäger, Johannes

Abstract

In diesem Artikel werden polit-ökonomischen Ursachen und die Folgen des Experimentes in Chile, bei dem 1981 das Pensionssystem radikal auf ein privat administriertes individuelles Kapitaldeckungsverfahren umgestellt wurde, analysiert. Dabei läßt sich feststellen, daß die gängigen Argumente, wie z.B. Erhöhung der Sparquote, Reduktion von Ineffizienzen etc., die über die Vorzüge eines individuellen Kapitaldeckungsverfahrens gegenüber dem Umlageverfahren ins Feld geführt werden, in Chile kaum ihre empirische Entsprechung finden. Vielmehr stellt die Transformation des Pensionssystem einen wesentlichen Teil eines umfaßenden Umbruchs in der Entwicklungsweise dar. Die Auswirkungen der Transformation des Pensionssystems werden in den Bereichen Staatshaushalt, Akkumulation und Verteilung näher untersucht. (Autorenref.)

Suggested Citation

  • Jäger, Johannes, 1998. "Die Privatisierung des Pensionssystems in Lateinamerika. Ursachen und Folgen des Experiments in Chile," SRE-Discussion Papers 60, WU Vienna University of Economics and Business.
    • Handle: RePEc:wiw:wus009:1560
    as

    Download full text from publisher

    File URL: https://epub.wu.ac.at/1560/
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Sebastian Edwards, 1998. "The Chilean Pension Reform: A Pioneering Program," NBER Chapters, in: Privatizing Social Security, pages 33-62, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kathleen McKiernan, 2021. "Social Security Reform in the Presence of Informality," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 40, pages 228-251, April.
    2. Pardow Diego G., 2020. "Political Insulation, Technical Expertise and the Technocrat’s Paradox," Review of Law & Economics, De Gruyter, vol. 16(1), pages 1-21, March.
    3. World Bank, 2002. "Brazil : The New Growth Agenda, Volume 1. Policy Briefing," World Bank Publications - Reports 15289, The World Bank Group.
    4. Klaus-Jürgen Gern, 2002. "Recent Developments in Old Age Pension Systems: An International Overview," NBER Chapters, in: Social Security Pension Reform in Europe, pages 439-478, National Bureau of Economic Research, Inc.
    5. Kathleen McKiernan, 2021. "Social Security Reform in the Presence of Informality," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 40, pages 228-251, April.
    6. Peter Diamond, 1998. "The Economics of Social Security Reform," NBER Working Papers 6719, National Bureau of Economic Research, Inc.
    7. Sebastian Edwards & Alejandra Cox Edwards, 2000. "Economic Reforms and Labor Markets: Policy Issues and Lessons from Chile," NBER Working Papers 7646, National Bureau of Economic Research, Inc.
    8. Chang-Tai Hsieh & Jonathan A. Parker, 2007. "Taxes and Growth in a Financially Underdeveloped Country: Evidence from the Chilean Investment Boom," Economía Journal, The Latin American and Caribbean Economic Association - LACEA, vol. 0(Fall 2007), pages 1-53, August.
    9. Beetsma, R. & Romp, W., 2016. "Intergenerational Risk Sharing," Handbook of the Economics of Population Aging, in: Piggott, John & Woodland, Alan (ed.), Handbook of the Economics of Population Aging, edition 1, volume 1, chapter 0, pages 311-380, Elsevier.
    10. Attanasio, Orazio & Kitao, Sagiri & Violante, Giovanni L., 2007. "Global demographic trends and social security reform," Journal of Monetary Economics, Elsevier, vol. 54(1), pages 144-198, January.
    11. Samwick, Andrew A., 1998. "Discount rate heterogeneity and social security reform," Journal of Development Economics, Elsevier, vol. 57(1), pages 117-146, October.
    12. Zhi Da & Borja Larrain & Clemens Sialm & José Tessada, 2016. "Coordinated Noise Trading: Evidence from Pension Fund Reallocations," NBER Working Papers 22161, National Bureau of Economic Research, Inc.
    13. C. Alan Garner, 1997. "Social Security privatization: balancing efficiency and fairness," Economic Review, Federal Reserve Bank of Kansas City, vol. 82(Q III), pages 21-36.
    14. Gonzalez, Felipe & Prem, Mounu, 2021. "The Legacy of the Pinochet Regime," SocArXiv v5yjf, Center for Open Science.
    15. Joshua Aizenman, 1998. "Privatization in Emerging Markets," NBER Working Papers 6524, National Bureau of Economic Research, Inc.
    16. Damjanovic, Tatiana, 2003. "The possibility of Pareto-Improving Pension Reform: More Arguments," Royal Economic Society Annual Conference 2003 53, Royal Economic Society.
    17. Fernando Alexandre & Luís Aguiar Conraria & Pedro Bação & Miguel Portela, 2011. "A Poupança em Portugal," GEMF Working Papers 2011-19, GEMF, Faculty of Economics, University of Coimbra.
    18. David Blake, 2004. "The impact of wealth on consumption and retirement behaviour in the UK," Applied Financial Economics, Taylor & Francis Journals, vol. 14(8), pages 555-576.
    19. Robert Holzmann & Edward Palmer & David Robalino, 2012. "Nonfinancial Defined Contribution Pension Schemes in a Changing Pension World : Volume 1. Progress, Lessons, and Implementation," World Bank Publications - Books, The World Bank Group, number 9378.
    20. Hasan U. Altiok & Glenn Jenkins, 2012. "Social Security Reforms in Northern Cyprus: Are they Fiscally Balanced and Socially Equitable?," Development Discussion Papers 2012-02, JDI Executive Programs.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wiw:wus009:1560. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: WU Library (email available below). General contact details of provider: https://research.wu.ac.at/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.