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Effects of social security on lifetime income distribution in Brazil (Inglés)

This paper considers the distributive effects of a very complex Pay-As-You-Go Scheme from a lifetime income approach, assessing the potential effect of different variables on the returns offered by the system. Using data on gender, residence and income level, a simulation was prepared to estimate the internal rates of return received by workers, considering not only sociodemographic and economic differences between social groups but the possibility...
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