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Social security coverage in Chile, 1990-2001 (Английский)

This empirical paper identifies the main forces that influenced the coverage of the new Chilean pension system during the 1990s. I find that government policy determined coverage to a large extent. The key policies in this respect in order of importance were: the level of the Minimum Salary, the level of the flat commission charged by pension fund managers, the rate of economic growth, and the size of subsidies given to workers when they use state...
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