Ítem
Acceso Abierto

Parametric pension reform and the intensive margin of labor supply, evidence from Colombia

Mostrar el registro sencillo de la publicación
dc.creatorCortés Cortés, Darwin
dc.creatorMaldonado, Dario
dc.creatorVesga Reyes, Giselle
dc.date.accessioned2015-09-18T14:39:23Z
dc.date.available2015-09-18T14:39:23Z
dc.date.created2015
dc.date.issued2015
dc.description.abstractWe analyze the effect of a parametric reform of the fully-funded pension regime in Colombia on the intensive margin of the labor supply. We take advantage of a threshold defined by law in order to identify the causal effect using a regression discontinuity design. We find that a pension system that increases retirement age and the minimum weeks during which workers must contribute to claim pension benefits causes an increase of around 2 hours on the number of weekly worked hours; this corresponds to 4% of the average number of weekly worked hours or around 14% of a standard deviation of weekly worked hours. The effect is robust to different specifications, polynomial orders and sample sizes.eng
dc.format.extent16 páginasspa
dc.format.mediumRecurso electrónicospa
dc.format.mimetypeapplication/pdf
dc.format.tipoDocumentospa
dc.identifier.citationCortés, D., Maldonado, D., & Vesga, G. (2015). Parametric pension reform and the intensive margin of labor supply, evidence from Colombia. Bogotá: Universidad del Rosario.
dc.identifier.doihttps://doi.org/10.48713/10336_10823
dc.identifier.urihttp://repository.urosario.edu.co/handle/10336/10823
dc.language.isospa
dc.publisherUniversidad del Rosariospa
dc.publisher.departmentFacultad de Economíaspa
dc.relation.citationIssueNo. 176
dc.relation.citationTitleSerie Documentos de trabajo. Economía
dc.relation.ispartofSerie documentos de trabajo. No 176 (Enero 2015)spa
dc.relation.urihttps://ideas.repec.org/p/col/000092/012476.html
dc.rights.accesRightsinfo:eu-repo/semantics/openAccess
dc.rights.accesoAbierto (Texto completo)spa
dc.rights.ccAtribución-NoComercial-SinDerivadas 2.5 Colombiaspa
dc.source.bibliographicCitationAttanasio, O.P. and Rohwedder, S. (2003). “Pension wealth and household saving: Evidence from pension reforms in the United Kingdom”. American Economic Review. 93. 1499-1521.
dc.source.bibliographicCitationBarr, N.A. and Diamond, P.A. (2008). “Reforming pensions: Principles and policy choices”. Oxford University Press, USA.
dc.source.bibliographicCitationBattistin, E.; Brugiavini, A.; Rettore, E. and Weber, G. (2009). “The retirement consumption puzzle: Evidence from a regression discontinuity approach”. The American Economic Review. 99. 2209-2226.
dc.source.bibliographicCitationBlinder, A.S., Gordon, R.H. and Wise, D.E.(1981). “Reconsidering the work disincentive effects of social security”. National Bureau of Economic Research Cambridge, Mass., USA.
dc.source.bibliographicCitationBodor, A., Robalino, D. and Rutkowski, M. (2008). “How Mandatory Pensions Affect Labor Supply Decisions and Human Capital Accumulation? Options to Bridge the Gap between Economic Theory and Policy Analysis”. University Library of Munich, Germany. MPRA Paper 12046.
dc.source.bibliographicCitationBorsch-Supan, A. (1998) “Incentive effects of social security on labor force participation: evidence in Germany and across Europe”. National Bureau of Economic Research.
dc.source.bibliographicCitationBurtless, G. (1986). “Social security, unanticipated benefit increases, and the timing of retirement”. The Review of Economic Studies. 53. 781-805.
dc.source.bibliographicCitationCalder´on, V. and Marinescu, I. (2011) “The Impact of Colombia’s Pension and Health Insurance Systems on Informality”. Inter-American Development Bank.
dc.source.bibliographicCitationCorbo, V. and Schmidt-Hebbel, K. (2003). “Efectos macroecon´omicos de la reforma de pensiones en Chile”. Resultados y desaf´ıos de las reformas de pensiones.
dc.source.bibliographicCitationDanzer, A. M. (2010). “Retirement Responses to a Generous Pension Reform: Evidence from a Natural Experiment in Eastern Europe”. Institute for the Study of Labor (IZA). IZA Discussion Papers 4726.
dc.source.bibliographicCitationFriedberg, L. (2000).“The labor supply effects of the social security earnings test”. Review of Economics and Statistics. 82(1). 48-63. MIT Press.
dc.source.bibliographicCitationGruber, J. and Wise, D. (1999) “”Introduction to ”Social Security and Retirement around the World”. National Bureau of Economic Research. 1-35.
dc.source.bibliographicCitationHahn, J., Todd, P. and Van der Klaauw, W.(2001). “Identification and estimation of treatment effects with a regression-discontinuity design”. Econometrica. 69(1). 201-209.
dc.source.bibliographicCitationHurd, M.D. and Boskin, M.J. (1984). “The effect of social security on retirement in the early 1970s”. Quarterly Journal of Economics. MIT Press. 99(4). 767-790.
dc.source.bibliographicCitationImbens, G. and Kalyanaraman, K. (2009). “Optimal bandwidth choice for the regression discontinuity estimator”. National Bureau of Economic Research.
dc.source.bibliographicCitationImbens, G.W. and Lemieux, T. (2008). “Regression discontinuity designs: A guide to practice”. Journal of Econometrics. 142(2). 615-635.
dc.source.bibliographicCitationKrueger, A.B. and Pischke, J.S.(1992). “The effect of social security on labor supply: A cohort analysis of the notch generation”. Journal of Labor Economics. University of Chicago Press. 10(4). 412-437.
dc.source.bibliographicCitationLee, D.S. and Card, D. (2008). “Regression discontinuity inference with specification error”. Journal of Econometrics. 142(2). 655-674.
dc.source.bibliographicCitationMesa Lago, C. (2002). “La reforma estructural de las pensiones de seguridad social en Am´erica Latina: modelos, caracter´ısticas, resultados y lecciones”. Econom´ıa y Sociedad. 19.
dc.source.bibliographicCitationMesa-Lago, C.(2004). “ Evaluaci´on de un cuarto de siglo de reformas estructurales de pensiones en Am´erica Latina”. Revista de la CEPAL. 84. 59-82.
dc.source.bibliographicCitationVan der Klaauw, W. and Wolpin, K.I. (2008) “Social security and the retirement and savings behavior of low-income households”. Journal of Econometrics. 145. 21-42.
dc.source.instnameinstname:Universidad del Rosariospa
dc.source.instnameinstname:Universidad del Rosariospa
dc.source.reponamereponame:Repositorio Institucional EdocURspa
dc.subject.ddcDerecho social, laboral, de bienestar social & relacionados
dc.subject.keywordLabor supplyeng
dc.subject.keywordRegression discontinuityeng
dc.subject.keywordpension system reformeng
dc.subject.keywordColombiaeng
dc.subject.lembEconomía laboralspa
dc.subject.lembDerecho laboralspa
dc.subject.lembPensiones::Aspectos Económicosspa
dc.subject.lembPensiones - Aspectos jurídicosspa
dc.subject.lembSeguridad socialspa
dc.titleParametric pension reform and the intensive margin of labor supply, evidence from Colombiaspa
dc.typeworkingPapereng
dc.type.hasVersioninfo:eu-repo/semantics/acceptedVersion
dc.type.spaDocumento de trabajospa
Archivos
Bloque original
Mostrando1 - 2 de 2
Miniatura
Nombre:
index.html
Tamaño:
223 B
Formato:
Hypertext Markup Language
Descripción:
Descargar
Miniatura
Nombre:
12476.pdf
Tamaño:
581.39 KB
Formato:
Adobe Portable Document Format
Descripción:
Descargar
Colecciones
Documentos de trabajo economía