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    Defined Contribution Funded Social Security and Labor Supply: Focus on Mexican Social Security Reform in 1997

    Hong, Sungwoo | June 2020
    Abstract
    Countries adopting a defined benefit pay-as-you-go (DB PAYG) regime have two options to solve the issue of financial unsustainability: (1) a parametric reform, which alters policies within DB PAYG regime, and (2) a structural reform, which changes the regime from DB PAYG to a defined contribution funded (DC) system. In this study, focusing on the structural reform of Mexico in 1997, I investigate whether structural social security reform affects labor supply. The findings suggest that the change in the social security regime increased both labor force participation and work hours per week. However, in the case of the elderly, the intensive margin effect on labor supply was not statistically significant.
    Citation
    Hong, Sungwoo. 2020. Defined Contribution Funded Social Security and Labor Supply: Focus on Mexican Social Security Reform in 1997. © Korea Institute for International Economic Policy. http://hdl.handle.net/11540/12154.
    Print ISBN
    978-89-322-4295-8
    Keywords
    Alleviating Poverty
    Anti-Poverty
    Extreme Poverty
    Fight Against Poverty
    Global Poverty
    Health Aspects Of Poverty
    Indicators Of Poverty
    Participatory Poverty Assessment
    Poverty Eradication
    Poverty Analysis
    Poverty In Developing Countries
    Poverty Reduction Efforts
    Urban Poverty
    Social planning
    Social policy
    Social administration
    Social security
    Social services
    Social welfare
    Poverty
    Unemployment
    Development Indicators
    Environmental Indicators
    Economic Indicators
    Educational Indicators
    Demographic Indicators
    Health Indicators
    Disadvantaged Groups
    Low Income Groups
    Socially Disadvantaged Children
    Rural Conditions
    Rural Development
    Social Conditions
    Urban Development
    Urban Sociology
    Income Distribution
    Demographic Indicators
    Social Justice
    Poor
    Economic forecasting
    Health expectancy
    Social groups
    Political participation
    Distribution of income
    Inequality of income
    Developing countries
    Rural community development
    Mass society
    Social change
    Social policy
    Social stability
    Population
    Sustainable development
    Peasantry
    Urban policy
    Urban renewal
    Social change
    Social accounting
    Inequality of income
    Economic growth
    Quality of Life
    Show allCollapse
    Citable URI
    http://hdl.handle.net/11540/12154
    Metadata
    Show full item record
    Thumbnail
    WP20-03.pdf (1.968Mb)
    Author
    Hong, Sungwoo
    Theme
    Poverty
    Social Protection

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    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise