Working Paper: NBER ID: w9494
Authors: Raphael Desmet; Alain Jousten; Sergio Perelman; Pierre Pestieau
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.
Keywords: No keywords provided
JEL Codes: I3; R0
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| demographic changes (J11) | financial viability of social security systems (H55) |
| higher contribution levels or lower benefits (H55) | financial sustainability of social security systems (H55) |
| early retirement programs (J26) | financial costs for the federal government (H59) |
| reform implementation (D78) | changes in fiscal contributions (H39) |
| reform implementation (D78) | labor market behavior (J29) |