A Theory of Contribution Density and Implications for Pension Design

The adequacy of contributory pensions for the middle classes depends on density of contribution. Density can be far below 100% because the State is unable or unwilling to impose the mandate to contribute on all jobs, especially on poor workers such...

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Bibliographic Details
Main Author:	Valdés-Prieto, Salvador
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	BANK LENDING BENEFICIARIES BENEFICIARY BUDGET CONSTRAINT BUDGET CONSTRAINTS BUSINESS CYCLE CAPITAL ACCUMULATION CAPITAL STOCK CASH TRANSFERS CHILD LABOR COMMUNITY DEVELOPMENT CONSUMER CREDIT CONSUMER DEBT CONSUMER LOANS CORPORATE INCOME TAXES CREDIT LIMITS CREDITOR CS DEBTOR DEMOCRACY DEMOGRAPHIC DEMOGRAPHIC CHANGE DERIVATIVES DISABILITIES DISABILITY DISCOUNT RATE DIVORCE EARLY CHILDHOOD EARNED INCOME TAX CREDIT EARNINGS ECONOMIC DEVELOPMENT EMERGING ECONOMIES EMPLOYEE EMPLOYER EMPLOYERS EMPOWERMENT EXPENDITURE FINANCIAL MARKET FINANCIAL SAVING FINANCIAL SUSTAINABILITY FISCAL POLICY FIXED RATE FOOD PRICES FRAUD FUTURE GROWTH GLOBALIZATION GROWTH RATE HOME HOUSEHOLD INCOME HOUSEHOLDS HUMAN CAPITAL HUMAN DEVELOPMENT ILLIQUIDITY IMPLICIT TAX IMPLICIT TAXES INCOME INCOME FLOWS INCOME LEVELS INCOME TAX INCOME TAX CREDIT INCOME TAXES INCOMES INEQUALITY INFORMATION SYSTEMS INSTITUTION BUILDING INSTRUMENT INSURANCE INSURANCE POLICIES INTEREST PAYMENTS INTEREST RATE INTERNAL RATE OF RETURN INVENTORY JOB CREATION JOB SECURITY JUDGES LABOR LAWS LABOR MARKET LABOR MARKETS LEGISLATION LENDER LIEN LIFE EXPECTANCY LIQUIDATION MARGINAL TAX RATES MARKET TRENDS MATURITY NATIONAL DEBT NATIONAL SAVING OLD AGE CRISIS OLD-AGE PENSION OLD-AGE PENSIONS OPEN ECONOMY PENSION PENSION CONTRIBUTIONS PENSION FUND PENSION REFORM PENSION RIGHTS PENSION SYSTEM PENSION SYSTEMS PENSIONS PERSONAL INCOME PERSONAL INCOME TAX PHYSICAL CAPITAL POLITICAL ECONOMY POLITICAL STABILITY PROPERTY RIGHTS PUBLIC FINANCE PUBLIC PENSIONS RATE OF RETURN REAL INTEREST REAL INTEREST RATE REPLACEMENT RATE REPLACEMENT RATES RETURNS RISK AVERSION SAVINGS SELF-EMPLOYMENT SELF-FINANCE SOCIAL FUNDS SOCIAL INSURANCE SOCIAL NETWORKS SOCIAL PROTECTION SOCIAL SAFETY NET SOCIAL SAFETY NETS SOCIAL SECURITY SOCIAL SECURITY SYSTEM SOCIAL VALUE SOCIAL WELFARE SOURCE OF INCOME STATE SUPPORT STATE SUPPORTS TAX TAX CREDIT TAX INCENTIVES TAX RATE TAX RATES TAX REGIMES TAX SYSTEM TAX TREATMENT TAXATION THIRD WORLD TRANCHE TRANCHES TRANSITION COUNTRIES TRANSPARENCY TURNOVER UNEMPLOYMENT UNEMPLOYMENT INSURANCE UNEMPLOYMENT RATE VALUATION WILL WITHDRAWAL WOMAN
Online Access:	http://documents.worldbank.org/curated/en/2008/07/20170243/theory-contribution-density-implications-pension-design http://hdl.handle.net/10986/20198

Internet

http://documents.worldbank.org/curated/en/2008/07/20170243/theory-contribution-density-implications-pension-design
http://hdl.handle.net/10986/20198

A Theory of Contribution Density and Implications for Pension Design

Internet

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