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Life expectancy at retirement and income levels in Chile

dc.contributor.authorEdwards, Gonzalo
dc.contributor.authorSoto, Raimundo
dc.contributor.authorZurita, Felipe
dc.coverage.spatialAmérica Latina y el Caribees_ES
dc.coverage.spatialChilees_ES
dc.date.accessioned2020-08-03T21:57:12Z
dc.date.available2020-08-03T21:57:12Z
dc.date.issued2020-06-15
dc.identifier.citationEdwards, G., Soto, R., & Zurita, F. (2020, June 15). Life expectancy at retirement and income levels in Chile. CAF Working Paper;#2020/05, Caracas: CAF. Retrieved from https://scioteca.caf.com/handle/123456789/1624en_GB
dc.identifier.urihttps://scioteca.caf.com/handle/123456789/1624
dc.description.tableofcontentsWe document that life expectancies at the age of retirement differ significantly by income levels and gender in Chile. Using a sample of over 500 thousand workers that retired under the annuity system, we find that, conditional on reaching retirement age, there is a three-year difference in life expectancy between the lower and higher income groups. Differences are similar for men and women. We also find that as income per capita in Chile expanded over the past three decades, poverty levels have decreased quite markedly among pensioners. The evidence on income distribution is less clear cut. While income inequality is lower for the new generations, it increases after retirement within each generation as the poor die younger than the rich workers. Gender differences are also noteworthy. First, income among women is less unequal than that of men at retirement age and afterwards. Second, income inequality among retired men progressively worsens over time, while among women it remains stagnant over time. Our results have important im- plications for welfare projections, the allocation of health subsidies among pensioners, and the structure and management of the reserves required to life-insurance companies.es_ES
dc.language.isoenes_ES
dc.publisherCAFes_ES
dc.relation.ispartofseriesCAF Working Paper;#2020/05
dc.subjectEquidad e inclusión sociales_ES
dc.subjectGéneroes_ES
dc.subjectPobrezaes_ES
dc.subjectSaludes_ES
dc.subjectTrabajo y protección sociales_ES
dc.titleLife expectancy at retirement and income levels in Chilees_ES
dc.title.alternativeCAF - WORKING PAPER #2020/05es_ES
dc.typeOtheres_ES
dc.publisher.cityCaracases_ES


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