Assessing Redistribution in the Uruguayan Social Security System

Alvaro Forteza () and Irene Mussio ()
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Irene Mussio: Departamento de Economía, Facultad de Ciencias Sociales, Universidad de la República

No 1211, Documentos de Trabajo (working papers) from Department of Economics - dECON

Abstract: We assess redistribution in the Uruguayan main pension and unemployment insurance programs on a lifetime basis. Using administrative records from social security, we simulate lifetime declared labor income and flows of contributions and benefits of affiliates to the programs. Expected present values of income and net flows are also computed. Equipped with these estimations we construct standard measures of distribution and redistribution of lifetime labor income through the social security system. Our findings suggest that these programs reduce income inequality. In particular, social Security reduces the Gini coefficient of expected lifetime formal labor income by almost 2 percentage points.

Keywords: Redistribution; Social Security; Uruguay (search for similar items in EconPapers)
JEL-codes: H55 J14 J2 (search for similar items in EconPapers)
Pages: 38 pages
Date: 2011-08
New Economics Papers: this item is included in nep-age, nep-ias, nep-iue, nep-lab and nep-lam
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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https://hdl.handle.net/20.500.12008/2202 (application/pdf)

Related works:
Journal Article: Assessing Redistribution in the Uruguayan Social Security System (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:ude:wpaper:1211

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