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003			CIESS
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008			230106c20012011mx kr pqon 0 0eng c
022			_a1870-2961
040			_aBiblioteca CIESS _bspa _cBiblioteca CIESS _dgvzj
041			_aeng
082			_aREV WSP No.13
100	1		_aMiranda Muñoz, Martha _911989
245	1	0	_aSocial security pensions and retirement decisions in Mexico _cMartha Miranda
260			_aMéxico _bCISS _bUIA _c2011
300			_a27-51 p. _bil., gráficas _c22 cm.
310			_aSemestral
362			_aRevista Well-being and Social Policy, Vol. 7, No. 2, Second semester 2011
500			_aTítulo en español: Las pensiones de la seguridad social y las decisiones de retiro en México.
504			_aBibliografía p. 49-51
520			_aUsing Mexican cohort data for 1991-2000 this article examines the relationship between retirement decisions —the transition from work to labor market inactivity— and social security (contributive) pensions in less developed countries. The available large time series also makes possible to examine how a financial crisis that took place in 1995 has affected retirement incentives. In most Latin American countries social security pensions are non-universal and it may be possible to receive pension benefits and continue working in the informal sector. In an attempt to capture the no-intention to continue working ata given age, the analysis of retirement behavior begins with the construction of a measure of retirement incentives based on the "option value" (Stock and Wise 1990) that accounts for the size of the informal sector to study the role of social security pensions at the economy-wide level. Then, retirement outcomes are regressed on the measure of retirement incentives. The calculations show that the gain of postponing retirement rises with age but increments are reduced dramatically over time for younger cohorts after economic crises. The results indicare that social security pension wealth is important in determining the probability of retirement even in a country with a relatively large informal sector; pension wealth is positively and strongly associated with the propensity to retire.
538			_aPDF 462 KB
650			_aSeguridad social _vPublicaciones periódicas _zMéxico _920432
650			_aSeguridad social _xAdulto mayor _vPensiones _zMéxico _924143
710			_aConferencia Interamericana de Seguridad Social _9114
710			_aUniversidad Iberoamericana. Ciudad de México _923683
856			_uhttp://162.222.203.113/Analiticas/ADISS2016-410.pdf _zDisponible ADISS2016-410
942			_cART _2ddc
999			_c30333 _d30333
773	0		_032179 _923747 _aConferencia Interamericana de Seguridad Social _b _dMéxico CISS UI 2006-2014 _o028849 _tWell-being and social policy _w _x1870-2961 _z