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Micro-Simulation of Social Security Reforms in Belgium

Author

Listed:
  • Desmet, Raphaël

    () (Federal Planning Bureau, Belgium)

  • Jousten, Alain

    () (University of Liège)

  • Perelman, Sergio

    () (CREPP, Université de Liège)

  • Pestieau, Pierre

    () (CREPP, Université de Liège)

Abstract

The present paper analyzes the budgetary impact of various Social Security reforms in the Belgian institutional setting. Our approach relies on parameters that were derived in Dellis et alii (2002) using a micro-modeling strategy. Focusing our attention on a hypothetical age cohort, we illustrate the budgetary impact that the reforms considered might have on the budget of the federal government.

Suggested Citation

  • Desmet, Raphaël & Jousten, Alain & Perelman, Sergio & Pestieau, Pierre, 2003. "Micro-Simulation of Social Security Reforms in Belgium," IZA Discussion Papers 735, Institute for the Study of Labor (IZA).
  • Handle: RePEc:iza:izadps:dp735
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    References listed on IDEAS

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    1. Alain Jousten & Pierre Pestieau, 2002. "Labor Mobility, Redistribution, and Pension Reform in Europe," NBER Chapters,in: Social Security Pension Reform in Europe, pages 85-108 National Bureau of Economic Research, Inc.
    2. Armin Falk & Andrea Ichino, "undated". "Clean Evidence on Peer Pressure," IEW - Working Papers 144, Institute for Empirical Research in Economics - University of Zurich.
    3. Arnaud Dellis & Raphaël Desmet & Alain Jousten & Sergio Perelman, 2004. "Micro-Modeling of Retirement in Belgium," NBER Chapters,in: Social Security Programs and Retirement around the World: Micro-Estimation, pages 41-98 National Bureau of Economic Research, Inc.
    4. Chiswick, Barry R. & DebBurman, Noyna, 2004. "Educational attainment: analysis by immigrant generation," Economics of Education Review, Elsevier, vol. 23(4), pages 361-379, August.
    5. Mariacristina Piva & Marco Vivarelli, 2005. "Innovation and Employment: Evidence from Italian Microdata," Journal of Economics, Springer, vol. 86(1), pages 65-83, October.
    6. Henri Sneessens & Fatemeh Shadman & Olivier Pierrard, 2003. "Effets des préretraites sur l'emploi," Revue Française d'Économie, Programme National Persée, vol. 18(1), pages 133-155.
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    Citations

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    Cited by:

    1. Alain Jousten & Mathieu Lefebvre & Sergio Perelman, 2014. "Health Status, Disability, and Retirement Incentives in Belgium," NBER Chapters,in: Social Security Programs and Retirement Around the World: Disability Insurance Programs and Retirement, pages 179-209 National Bureau of Economic Research, Inc.
    2. Cremer Helmuth & Lozachmeur Jean-Marie & Pestieau Pierre, 2007. "Disability Testing and Retirement," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 7(1), pages 1-34, February.
    3. Marjan, MAES, 2008. "Financial and redistributive impact of reforming the old-age pension system in Belgium," Discussion Papers (ECON - Département des Sciences Economiques) 2008040, Université catholique de Louvain, Département des Sciences Economiques.
    4. Benedek, Dóra & Kiss, Áron, 2011. "Mikroszimulációs elemzés a személyi jövedelemadó módosításainak hatásvizsgálatában
      [Micro-simulation analysis in examination of the effects of personal income-tax changes]
      ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 97-110.
    5. Desmet, Raphaël & Jousten, Alain & Perelman, Sergio, 2005. "The Benefits of Separating Early Retirees from the Unemployed: Simulation Results for Belgian Wage Earners," IZA Discussion Papers 1571, Institute for the Study of Labor (IZA).
    6. 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.
    7. André Portela Souza & Hélio Zylberstajn & Luís Eduardo Afonso & Priscilla Matias Flori, 2004. "Fiscal Impacts Of Social Security Reform In Brazil," Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32th Brazilian Economics Meeting] 138, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].

    More about this item

    Keywords

    pension reform; incentives; retirement; aging;

    JEL classification:

    • J0 - Labor and Demographic Economics - - General
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • H3 - Public Economics - - Fiscal Policies and Behavior of Economic Agents

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