Reformas al sistema de seguridad social y el mercado laboral en los estados unidos y Canadá

This study evaluates the labor market impact of the most recent reforms that have been proposed or implemented in the social security systems of the - United States and Canada. The demographic changes experienced by both countries in recent years are an important challenge to the financial solvency of the public pension systems. It is inevitable that in the not too distant future the level of benefits will have to fall, the retirement age will edge up or the payroll taxes will increase so that the systems become financially sustainable. The demographic changes also indicate that privatization schemes will become more popular in the future because they do not redistribute income across generations but rather they are simply forced retirement savings schemes.