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dc.contributor.authorValdés-Prieto, Salvadoren_US
dc.date.accessioned2009-02-25en_US
dc.date.accessioned2009-07-28T08:48:23Z-
dc.date.available2009-07-28T08:48:23Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/26565-
dc.description.abstractChile approved in early 2008 the replacement of her two current non-contributory subsidies for the old poor for a unified program with a pioneering design, with phase-in ending in 2012. This paper describes the political economy of this reform and evaluates it with regards to efficiency and equity. The design is analogous to one adopted in Finland in 1957, with two differences: First, the subsidy withdrawal rate in response to the individual's contributory pension benefit is lower, about 30% rather than 50%. Second, preserving a tradition introduced in 1975, benefits are also withdrawn in response to per capita household income.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo working paper 2520en_US
dc.subject.jelH55en_US
dc.subject.jelH53en_US
dc.subject.jelI38en_US
dc.subject.ddc330en_US
dc.subject.keywordSocial securityen_US
dc.subject.keywordwelfare programsen_US
dc.subject.keywordpolitical economy of reformen_US
dc.subject.stwRentenreformen_US
dc.subject.stwPublic Choiceen_US
dc.subject.stwGesetzliche Rentenversicherungen_US
dc.subject.stwArmutspolitiken_US
dc.subject.stwAlte Menschenen_US
dc.subject.stwChileen_US
dc.titleThe 2008 Chilean reform to first-pillar pensionsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn592493423en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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