Publication Date:
2016-09-29
Description:
The present paper estimates the effect over participation outcomes of the new reform to the pension system made in Chile in 2008, using a difference in difference matching estimation. The main results found that the treated group shows a higher withdrawal from the labor market and that they worked an average of 8 percentage points (pp) fewer months than the control group in 2009. The treated group also contributed 18 pp fewer months than the control group, and they have, on average, 6 pp more months in inactive status. Looking at the difference in per capita income, the treated group has an average of US$34 more per month than the control group in 2009.
Keywords:
J38
;
I21
;
C21
;
ddc:330
;
scholarships
;
upper secondary education
;
propensity score matching
;
Differential impacts
;
EU-SILC-06
Repository Name:
EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
Language:
Spanish
Type:
doc-type:article
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