Summary

This paper explains how "pension reform," as it has been practiced in Chile and elsewhere, may simply constitute a relabeling of existing fiscal institutions that end up imposing high investment and insurance fees on workers.

Recommended Citation

Kotlikoff, Laurence J. (2008) "Pension Reform as the Triumph of Form over Substance," The Economists' Voice: Vol. 5 : Iss. 1, Article 1.
DOI: 10.2202/1553-3832.1307
Available at: http://www.bepress.com/ev/vol5/iss1/art1