TITLE

DUALISM, STAGNATION, AND INEQUALITY: THE IMPACT OF PENSION LEGISLATION IN THE CHILEAN LABOR MARKET

AUTHOR(S)
Davis, Tom E.
PUB. DATE
April 1964
SOURCE
Industrial & Labor Relations Review;Apr64, Vol. 17 Issue 3, p380
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses the impact of pension legislation on the Chilean labor market. Excessive social security legislation, particularly pension legislation, has become a characteristic of dualism and a force perpetuating the dual economy. Pension legislation is also considered as a factor responsible for stagnation and inequality in the labor market. The Chilean social security system is different from that of the U.S. Instead of one governmental institution, there are several autonomous Cajas de Prevision which are indirectly subject to government control. Each Caja has its own policy regarding contributions, investments and retirement benefits.
ACCESSION #
6449183

 

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