Social Security Incentives in Belgium: An Analysis of Four Decades of Change
44 Pages Posted: 17 Sep 2018
There are 2 versions of this paper
Social Security Incentives in Belgium: An Analysis of Four Decades of Change
Social Security Incentives in Belgium: An Analysis of Four Decades of Change
Date Written: August 2018
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.
Keywords: retirement, social security, pension, labor supply
JEL Classification: J21, J26, H31, I38
Suggested Citation: Suggested Citation