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| Title: | Seguridad Social y retiro en Uruguay |
| Authors: | Forteza, Alvaro Sanromán, Graciela |
| Type: | Ponencia |
| Keywords: | Social security, Retirement, Structural model, Maximum pseudo-likelihood |
| Descriptors: | INVESTIGACION, TRABAJO, TRABAJO SOCIAL |
| Issue Date: | 2013 |
| Abstract: | We estimate structural life-cycle models for retirement behavior using social security work history records of public employees in Uruguay. We analize two alternative models, with and without life insurance. The estimated coefficient of relative risk-aversion is around 1.7, indicating that agents are moderately riskaverse. The estimated discount rate is about 8 percent per annum. The probability of retirement is greater for individuals who have lower propensity to contribute and increases for women and older people. Simulations show a very low impact of moderate policy changes on the retirement age. |
| Publisher: | Udelar. FCS |
| IN: | XII Jornadas de Investigación. Derechos humanos en el Uruguay del siglo XXI: libertad, diversidad y justicia. Montevideo, setiembre 2013 |
| Citation: | Forteza, A y Sanromán, G. Seguridad Social y retiro en Uruguay [en línea] EN: XII Jornadas de Investigación. Derechos humanos en el Uruguay del siglo XXI: libertad, diversidad y justicia. Montevideo, setiembre 2013. Montevideo : Udelar. FCS, 2013. 38 p. |
| Geographic coverage: | Uruguay |
| License: | Licencia Creative Commons Atribución - No Comercial - Sin Derivadas (CC - By-NC-ND 4.0) |
| Appears in Collections: | Jornadas de Investigación - Facultad de Ciencias Sociales |
Files in This Item:
| File | Description | Size | Format | ||
|---|---|---|---|---|---|
| XII JICS_Forteza_ Sanroman.pdf | 305,27 kB | Adobe PDF | View/Open |
This item is licensed under a Creative Commons License