After Chile, What? Second-Round Pension Reforms in Latin America

43 Pages Posted: 21 May 1998 Last revised: 6 Oct 2022

See all articles by Olivia S. Mitchell

Olivia S. Mitchell

University of Pennsylvania - The Wharton School; University of Pennsylvania - The Wharton School, Pension Research Council; National Bureau of Economic Research (NBER)

Flavio Ataliba Barreto

Federal University of Ceara

Date Written: December 1997

Abstract

The apparent success of Chile's pension reform catalyzed a number of subsequent" reforms in sister Latin American nations, and the Chilean model' has now captivated the" attention of policymakers and researchers in the OECD as well. In this paper we identify six" critical elements of old-age pension reform, and examine how these six elements differ across the" Chilean reform, and several other Latin nations that followed in Chile's footsteps. We" emphasize how these other Latin American nations adopted different mechanisms to restructure" their old-age pension systems, and we highlight available evidence on system performance in" each case.

Suggested Citation

Mitchell, Olivia S. and Barreto, Flavio Ataliba, After Chile, What? Second-Round Pension Reforms in Latin America (December 1997). NBER Working Paper No. w6316, Available at SSRN: https://ssrn.com/abstract=84129

Olivia S. Mitchell (Contact Author)

University of Pennsylvania - The Wharton School ( email )

Philadelphia, PA 19104-6365
United States

University of Pennsylvania - The Wharton School, Pension Research Council ( email )

3302 Steinberg Hall-Dietrich Hall
3620 Locust Walk
Philadelphia, PA 19104-6302
United States

National Bureau of Economic Research (NBER)

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Cambridge, MA 02138
United States

Flavio Ataliba Barreto

Federal University of Ceara

Rua Papi Júnior 1225 - Rodolfo Teófilo
Fortaleza, Ceara 60431970
Portugal

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