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This article explores the potential of the Complementary Pension Scheme (RPC) as a means to increase private savings and ensure secure retirement in the context of an aging population. Using the Lee-Carter method, it is projected that 1.4 million Brazilians could join the RPC by 2030, with...
Persistent link: https://www.econbiz.de/10015432661
This article explores the potential of the Complementary Pension Scheme (RPC) as a means to increase private savings and ensure secure retirement in the context of an aging population. Using the Lee-Carter method, it is projected that 1.4 million Brazilians could join the RPC by 2030, with...
Persistent link: https://www.econbiz.de/10015408137
The objectives of this paper are i) to assess the recent changes in the "actuarial factor" and their distributive and financial impacts in the short and long term. The actuarial factor was created in 1999 to adjust the individual benefit level according to age, time of contribution and life...
Persistent link: https://www.econbiz.de/10011818804
This study sought to quantify the impact of demographics on the expense of the public pensions as a share (%) of the Gross Domestic Product GDP, by 2060 and 2100, based upon a simplified forecasting model. The results show a strong expansion in expenditures due to the fast and intense process of...
Persistent link: https://www.econbiz.de/10011818865
This paper starts with a review of the three demographic components, stressing the decline in fertility, with the possibility of reaching below replacement fertility. Studies on new trends in Brazilian out migration are considered relevant for future research. The demography of compositional...
Persistent link: https://www.econbiz.de/10005056985
aspects: transfers between individuals of the same cohort but of different regions, i.e., cross-subsidies to consider the … of financial return, it checks if the system draws resources through tax from richer regions to deliver them, on payment … system shows progressive fulfilling its social role in regional distribution of system funds. The protection afforded mainly …
Persistent link: https://www.econbiz.de/10009318577
The objectives of this paper are i) to assess the recent changes in the "actuarial factor" and their distributive and financial impacts in the short and long term. The actuarial factor was created in 1999 to adjust the individual benefit level according to age, time of contribution and life...
Persistent link: https://www.econbiz.de/10011540828
This study sought to quantify the impact of demographics on the expense of the public pensions as a share (%) of the Gross Domestic Product GDP, by 2060 and 2100, based upon a simplified forecasting model. The results show a strong expansion in expenditures due to the fast and intense process of...
Persistent link: https://www.econbiz.de/10011639041
determinants of saving rate of Brazilian families in the recent past. The main results are consistent with the predictions of the … income in explaining fluctuations in the saving rate. Evidence for the existence of precautionary savings due are also found …
Persistent link: https://www.econbiz.de/10011372143
determinants of saving rate of Brazilian families in the recent past. The main results are consistent with the predictions of the … income in explaining fluctuations in the saving rate. Evidence for the existence of precautionary savings due are also found …
Persistent link: https://www.econbiz.de/10010503903