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Ranjeeva Ranjan

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Open access 2025

An Optimal Choice among Pension Systems: Evidence from Colombia

This paper examines how Colombian workers choose between two pension regimes, pay-as-you-go (PAYG) and individual account (IA), in a context marked by widespread labor informality anduneven wage distributions. Drawing on a discrete choice framework, we hypothesize that there exists acritical wage threshold above which...

Octavio Martínez Baltodano, Ranjeeva Ranjan, Kumar Sudheer Raj · 0 citations

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