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来源类型Working Paper
规范类型报告
DOI10.3386/w8924
来源IDWorking Paper 8924
Social Security Privatization Reform and Labor Markets: The Case of Chile
Sebastian Edwards; Alejandra Cox Edwards
发表日期2002-05-01
出版年2002
语种英语
摘要We analyze the way in which social security privatization reform affects labor market outcomes. We develop a model of the labor market where we assume that, as is the case in most emerging markets, a formal and an informal sectors coexist side by side. According to our model, a social security reform that reduces the implicit tax on labor in the formal sector, will result in an increase in the wage rate in the informal sector and will have an undetermined effect on aggregate unemployment. Results from simulation exercises suggest that in the case of Chile the reforms resulted in an increase in informal sector wages of approximately 2.0%. These results also suggest that the reforms made a positive, but small, contribution to the reduction of Chile's aggregate of unemployment.
主题Public Economics ; National Fiscal Issues ; Labor Economics ; Labor Compensation
URLhttps://www.nber.org/papers/w8924
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/566532
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Sebastian Edwards,Alejandra Cox Edwards. Social Security Privatization Reform and Labor Markets: The Case of Chile. 2002.
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