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Social Security Incentives in Belgium: An Analysis of Four Decades of Change

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  • Fraikin, Anne-Lore

    () (University of Liège)

  • Jousten, Alain

    () (University of Liège)

  • Lefèbvre, Mathieu

    () (Université de Strasbourg)

Abstract

The paper traces labor market reforms over the last four decades. It provides estimates of retirement incentives for a selected set of typical worker profiles across time and socio-economic groups and links these series to the labor market performance in Belgium. The results show that the numerous retirement and social security program reforms have had a marked impact on incentives at the micro level. At the aggregate level, results are less clear-cut given the extreme diversity of programs and features in the Belgian institutional context.

Suggested Citation

  • Fraikin, Anne-Lore & Jousten, Alain & Lefèbvre, Mathieu, 2018. "Social Security Incentives in Belgium: An Analysis of Four Decades of Change," IZA Discussion Papers 11775, Institute for the Study of Labor (IZA).
  • Handle: RePEc:iza:izadps:dp11775
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    References listed on IDEAS

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    1. Alain Jousten & Mathieu Lefebvre, 2013. "Retirement Incentives in Belgium: Estimations and Simulations Using SHARE Data," De Economist, Springer, vol. 161(3), pages 253-276, September.
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    More about this item

    Keywords

    retirement; social security; pension; labor supply;

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
    • H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs

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