Affiliation:
1. Universidad Panamericana, Mexico
Abstract
The main focus of the chapter is to define directions and magnitudes of causality of the pension systems, labor force, and hours worked for selected OECD (Organization for Economic Co-operation and Development) countries through a pool data analysis. The information is examined within basic, intermediate, and advanced statistical analyses by regional comparison of the OECD countries. Main results include: (a) a positive impact of Labor Force size on Pension Systems, (b) a negative effect of the Average Hours Worked on Pension Systems, (c) when introducing cross-section and time series heterogeneity, relations are sustained from both global and regional inquiry, (d) an insightful and meticulous investigation can be performed using public and open databases if depuration of the information is well conducted.