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Pension publique et épargne privée. L'exemple belge

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  • Pierre Pestieau
  • Sergio Perelman

Abstract

[fre] Depuis plusieurs années, on assiste à un débat pour savoir si les systèmes publics de retraite réduisent l'épargne des ménages. Cette note montre que le modèle du cycle de vie, qui sous-tend la plupart des études empiriques sur le sujet n'est pas adéquat pour traiter l'épargne des retraités. A partir d'une évaluation patri­moniale des droits à la retraite en Belgique, elle indique que les systèmes de pensions publiques augmentent en fait l'épargne des retraités et dans la mesure où cette catégorie est importante, l'épargne totale des ménages pourrait très bien ne pas diminuer. [eng] priate to deal with the saving behaviour of the retired aged. Using some estimates for- Belgian social security wealth, it is shown that social security in fact increases the savings of the aged. Moreover if this category is important enough overall private saving could very well not decrease at all.

Suggested Citation

  • Pierre Pestieau & Sergio Perelman, 1980. "Pension publique et épargne privée. L'exemple belge," Revue Économique, Programme National Persée, vol. 31(6), pages 1178-1188.
    • Handle: RePEc:prs:reveco:reco_0035-2764_1980_num_31_6_408574
    DOI: 10.3406/reco.1980.408574
    Note: DOI:10.3406/reco.1980.408574
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    References listed on IDEAS

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    1. Philip Cagan, 1965. "Possible Effects of Pension Plans on Aggregate Personal Saving," NBER Chapters, in: The Effect of Pension Plans on Aggregate Saving: Evidence from a Sample Survey, pages 1-7, National Bureau of Economic Research, Inc.
    2. Philip Cagan, 1965. "The Effect of Pension Plans on Aggregate Saving: Evidence from a Sample Survey," NBER Books, National Bureau of Economic Research, Inc, number caga65-2, May.
    3. Feldstein, Martin S, 1974. "Social Security, Induced Retirement, and Aggregate Capital Accumulation," Journal of Political Economy, University of Chicago Press, vol. 82(5), pages 905-926, Sept./Oct.
    4. Philip Cagan, 1965. "Possible Effects of Pension Plans on Aggregate National Saving," NBER Chapters, in: The Effect of Pension Plans on Aggregate Saving: Evidence from a Sample Survey, pages 76-80, National Bureau of Economic Research, Inc.
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