The ex-ante effects of non-contributory pensions in Colombia and Peru
The aim of this paper is to study the ex-ante e ects of the implementation of a Non Con- tributory Pension (NCP) program in Colombia and Peru. Relying on household survey data, we simulate the potential impact of the transfer on poverty, inequality, scal cost, and the probability of a liation to the...
| Autores: | , |
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| Tipo de recurso: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2014 |
| País: | Colombia |
| Institución: | Universidad ICESI |
| Repositorio: | Repositorio ICESI |
| Idioma: | inglés |
| OAI Identifier: | oai:repository.icesi.edu.co:10906/78318 |
| Acceso en línea: | http://www.ecineq.org/milano/wp/ecineq2013-299.pdf http://hdl.handle.net/10906/78318 http://dx.doi.org/10.1002/jid.3008 |
| Access Level: | acceso abierto |
| Palabra clave: | Economía Seguridad social Pensiones a la vejez Pobreza Pensiones en Colombia Pensiones en Perú Economics |
| Sumario: | The aim of this paper is to study the ex-ante e ects of the implementation of a Non Con- tributory Pension (NCP) program in Colombia and Peru. Relying on household survey data, we simulate the potential impact of the transfer on poverty, inequality, scal cost, and the probability of a liation to the contributory pension system. This last e ect is the most direct behavioral e ect one can expect from the implementation of a NCP scheme. For the behavioral response we estimate a Nested Logit Model. Our results show that a NCP in Colombia and Peru contributes to the reduction of poverty and inequality among the elderly, particularly in rural areas at a ordable scal costs. Furthermore, there is not a large impact on the prob- ability of a liation to contributory pensions when the program is targeted to the poor (and extreme poor), with the exception of Peruvian women for whom there is always a sizeable reduction on their probability of a liation to the contributory pension system. |
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