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Taking two to tango: the joint prospective assessment of pension sustainability and adequacy in Belgium

Author

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  • Dekkers, Gijs
  • Desmet, Raphaël

Abstract

This presentation discusses how such integrated approach using shared demographic and macroeconomic assumptions has been developed in Belgium. It describes the dynamic microsimulation model MIDAS, highlighting how it aligns to the simulation results of the semi-aggregate model MALTESE. The authors would like to thank Jean-Maurice Frère and Michel Englert for their valuable comments on a previous version of this paper.

Suggested Citation

  • Dekkers, Gijs & Desmet, Raphaël, 2011. "Taking two to tango: the joint prospective assessment of pension sustainability and adequacy in Belgium," MPRA Paper 36138, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:36138
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    File URL: https://mpra.ub.uni-muenchen.de/36138/1/MPRA_paper_36138.pdf
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    References listed on IDEAS

    as
    1. Elsa Fornero & Annamaria Lusardi & Chiara Monticone, 2009. "Adequacy of Saving for Old Age in Europe," CeRP Working Papers 87, Center for Research on Pensions and Welfare Policies, Turin (Italy).
    2. Greet De Vil & Gijs Dekkers & Raphael Desmet & Marie-Jeanne Festjens, 2010. "Working Paper 22-10 - Adéquation des pensions et coût budgétaire du vieillissement: impacts de réformes et de scénarios alternatifs [Working Paper 22-10 - Toereikendheid van het pensioen en budgett," Working Papers 1022, Federal Planning Bureau, Belgium.
    3. Gijs Dekkers & Raphaël Desmet, 2011. "Inégalité et pauvreté chez les personnes âgées : une projection à long terme," Reflets et perspectives de la vie économique, De Boeck Université, vol. 0(4), pages 155-168.
    4. Greet De Vil & Gijs Dekkers & Raphael Desmet, 2010. "Working Paper 10-10 - The long-term adequacy of the Belgian public pension system: An analysis based on the MIDAS model," Working Papers 1010, Federal Planning Bureau, Belgium.
    5. de Vil, Greet & Dekkers, gijs & Desmet, Raphaël & Festjens, Marie-Jeanne, 2010. "Toereikendheid van het pensioen en budgettaire kosten van de vergrijzing - evaluatie van beleidsmaatregelen en van alternatieve scenario’s/Adéquation des pensions et coût budgétaire du vieillissement ," MPRA Paper 29185, University Library of Munich, Germany.
    6. Cathal O'Donoghue & John Lennon & Stephen Hynes, 2009. "The Life-Cycle Income Analysis Model (LIAM): a study of a flexible dynamic microsimulation modelling computing framework," International Journal of Microsimulation, International Microsimulation Association, vol. 2(1), pages 16-31.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Pensions; adequacy; sustainability; microsimulation;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty

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