Pension Reform in Chile: A Difference in Difference Matching Estimation

The present paper estimates the effect over participation outcomes of the new reform to the pension system made in Chile in 2008, using a difference in difference matching estimation. The main results found that the treated group shows a higher withdrawal from the labor market and that they worked a...

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Detalles Bibliográficos
Autor principal:	Encina,Jenny
Lenguaje:	English
Publicado:	Universidad de Chile. Departamento de Economía 2013
Materias:	Pension System retirement contributions
Acceso en línea:	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862013000100004
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spelling	oai:scielo:S0718-528620130001000042013-07-24Pension Reform in Chile: A Difference in Difference Matching EstimationEncina,Jenny Pension System retirement contributions The present paper estimates the effect over participation outcomes of the new reform to the pension system made in Chile in 2008, using a difference in difference matching estimation. The main results found that the treated group shows a higher withdrawal from the labor market and that they worked an average of 8 percentage points (pp) fewer months than the control group in 2009. The treated group also contributed 18 pp fewer months than the control group, and they have, on average, 6 pp more months in inactive status. Looking at the difference in per capita income, the treated group has an average of US$34 more per month than the control group in 2009.info:eu-repo/semantics/openAccessUniversidad de Chile. Departamento de EconomíaEstudios de economía v.40 n.1 20132013-06-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862013000100004en10.4067/S0718-52862013000100004
institution	Scielo Chile
collection	Scielo Chile
language	English
topic	Pension System retirement contributions
spellingShingle	Pension System retirement contributions Encina,Jenny Pension Reform in Chile: A Difference in Difference Matching Estimation
description	The present paper estimates the effect over participation outcomes of the new reform to the pension system made in Chile in 2008, using a difference in difference matching estimation. The main results found that the treated group shows a higher withdrawal from the labor market and that they worked an average of 8 percentage points (pp) fewer months than the control group in 2009. The treated group also contributed 18 pp fewer months than the control group, and they have, on average, 6 pp more months in inactive status. Looking at the difference in per capita income, the treated group has an average of US$34 more per month than the control group in 2009.
author	Encina,Jenny
author_facet	Encina,Jenny
author_sort	Encina,Jenny
title	Pension Reform in Chile: A Difference in Difference Matching Estimation
title_short	Pension Reform in Chile: A Difference in Difference Matching Estimation
title_full	Pension Reform in Chile: A Difference in Difference Matching Estimation
title_fullStr	Pension Reform in Chile: A Difference in Difference Matching Estimation
title_full_unstemmed	Pension Reform in Chile: A Difference in Difference Matching Estimation
title_sort	pension reform in chile: a difference in difference matching estimation
publisher	Universidad de Chile. Departamento de Economía
publishDate	2013
url	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862013000100004
work_keys_str_mv	AT encinajenny pensionreforminchileadifferenceindifferencematchingestimation
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Pension Reform in Chile: A Difference in Difference Matching Estimation

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