Pension Reform, Financial Market Development, and Economic Growth : Preliminary Evidence From Chile
The Chilean pension reform of 1981, in which Chile moved from an unfunded to a funded scheme, is considered to have contributed to this country’s excellent economic performance since the mid-1980s. The paper highlights the theoretical underpinnings of the claimed economic effects and presents empiri...
International Monetary Fund
|Series:||Internationaler Währungsfonds. IMF working papers
Working Paper No. 96/94 |
|Physical Description:||Online-Ressource (52 p)|
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