The effects of social security privatization on consumption, saving and welfare: evidence from peru

Tesis doctoral de Miguel ángel Carpio Ramirez

This thesis is an empirical study of the privatization of social security in peru, with a particular emphasis on consumption, saving and welfare. The first chapter provides a general description of the reform and positions it as a valuable case study. The second chapter evaluates the effect of the privatization on the well-being of the elderly and their dependents immediately after the reform, when social security was moving from a steady state to the other. It concludes that the effect was positive, although the larger impact was experienced neither by the poorest households nor by the oldest households. The third chapter, instead of evaluating the reform, uses the variability provided by the reform to analyze an old economic question: to what extent pension saving crowds out voluntary saving, it finds that for every dollar of insurance provided by the pension system, voluntary savings decrease by 70 cents to one dollar.

 

Datos académicos de la tesis doctoral «The effects of social security privatization on consumption, saving and welfare: evidence from peru«

  • Título de la tesis:  The effects of social security privatization on consumption, saving and welfare: evidence from peru
  • Autor:  Miguel ángel Carpio Ramirez
  • Universidad:  Pompeu fabra
  • Fecha de lectura de la tesis:  04/07/2008

 

Dirección y tribunal

  • Director de la tesis
    • Thijs Van Rens
  • Tribunal
    • Presidente del tribunal: ernesto Villanueva
    • elsa Artadi (vocal)
    • paula Bustos (vocal)
    • albrecht Glitz (vocal)

 

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