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 e...

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Bibliographic Details
Main Author: Holzmann, Robert
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1996.
Series:IMF Working Papers; Working Paper ; No. 1996/094
Online Access:Full text available on IMF