Social security reform, retirement and occupational behavior

Resumo

We study, in a life-cycle economy with three sectors - formal, informal and public – and endogenous retirement, the macroeconomic and occupational impacts of social security reforms in an economy with multiple pension systems. In a model calibrated to Brazil, we simulate and assess the long-run impact of reforms being discussed and/or implemented in different economies. Among them, the unification of pension systems and the increase of minimum retirement age. These reforms are found to affect the decision to apply to a public job, savings and skill composition across sectors. They also lead to higher output, less informality and welfare gains.

Ficha do documento

Tipo

Relatório

Ano

2018

Instituição

Escola de Pós-Graduação em Economia da FGV

Fonte

Repositório da FGV

Idioma

Inglês

Acesso

Não informado

Identificador

oai:repositorio.fgv.br:10438/25704

Temas

EconomiaPolíticas Públicas

Palavras-chave

FinançasEconomiaReforma previdenciáriaDéficit públicoEmprego públicoPrevidência socialSocial security reformPublic employmentPublic deficitInformalityAposentadoria