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

44 Pages Posted: 17 Sep 2018

See all articles by Anne-Lore Fraikin

Anne-Lore Fraikin

University of Liège

Alain Jousten

University of Liege; IZA Institute of Labor Economics; Netspar; International Monetary Fund (IMF)

Mathieu Lefèbvre

University of Strasbourg

Multiple version iconThere are 2 versions of this paper

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

Fraikin, Anne-Lore and Jousten, Alain and Lefèbvre, Mathieu, Social Security Incentives in Belgium: An Analysis of Four Decades of Change (August 2018). IZA Discussion Paper No. 11775, Available at SSRN: https://ssrn.com/abstract=3249889 or http://dx.doi.org/10.2139/ssrn.3249889

Anne-Lore Fraikin (Contact Author)

University of Liège

Liège
Belgium

Alain Jousten

University of Liege ( email )

Place des Orateurs 3
Batiment B31
4000 Liege
Belgium
+32 4 366 3198 (Phone)

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Netspar

P.O. Box 90153
Tilburg, 5000 LE
Netherlands

International Monetary Fund (IMF)

700 19th Street, N.W.
Washington, DC 20431
United States

Mathieu Lefèbvre

University of Strasbourg ( email )

Strasbourg
France

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