Gender pension gaps in a private retirement accounts system: A dynamic model of household labor supply and savings
私人退休账户制度中的性别养老金差距:家庭劳动供给与储蓄动态模型
This paper develops and estimates a dynamic model of individuals’ and couples’ labor supply, savings, and retirement decisions to analyze how the design of Chile’s privatized pension system and a reform undertaken in 2008 affect gender pension gaps and old-age poverty. Chile has one of the longest-running private retirements accounts systems in the world, which has served as a model for many countries. The paper estimates the dynamic model using pre-reform data and compares…