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Social security and economic integration

Author

Listed:
  • ARTIGE, Lionel

    (University of Liège, Belgium)

  • DEDRY, Antoine

    (University of Liège, Belgium)

  • PESTIEAU, Pierre

    (CREPP, University of Liège; Université catholique de Louvain, CORE, Belgium)

Abstract

The purpose of this letter is to analyze the impact of economic integration when countries differ in their social security systems, more specifically in the degree of funding of their pensions, and in the regulation of the retirement age. Funding and mandatory early retirement are two features which foster capital accumulation relative to pay-as-you-go pensions with flexible retirement. In case of economic integration they both imply some capital outflow and may lead to some utility losses.

Suggested Citation

  • ARTIGE, Lionel & DEDRY, Antoine & PESTIEAU, Pierre, 2013. "Social security and economic integration," LIDAM Discussion Papers CORE 2013037, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvco:2013037
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    economic union; tax competition; social security;
    All these keywords.

    JEL classification:

    • H2 - Public Economics - - Taxation, Subsidies, and Revenue
    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
    • H8 - Public Economics - - Miscellaneous Issues

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