Electronic Resource
Social Security and Inequality in Belgium
| العنوان: | Social Security and Inequality in Belgium |
|---|---|
| المؤلفون: | Klinges, Giulia, Jousten, Alain, Lefebvre, Mathieu |
| سنة النشر: | 2024 |
| مصطلحات موضوعية: | social security, public pensions, old-age labor supply, retirement, pension reforms, inequality, Business & economic sciences, Economic systems & public economics, Sciences économiques & de gestion, Systèmes économiques & économie publique |
| الوصف: | Over the years, the Belgian social security system has undergone substantial reform witha prime focus on increasing older worker labor force participation. The paper explores theeffect of past reforms on inequality in old age. We distinguish two separate effects: Themechanical effect considers the change in inequality and expected benefit levels due tothe reforms for a fixed retirement age distribution. The behavioral effect accounts for theendogenous change caused by changes in the incentives to work. Our results show thatmechanically, reforms have led to losses in expected benefits for all but the lowest incomequintile. Behavioral changes had a positive but orders of magnitude smaller effect. Overall, inequality decreased as a result of reforms. |
| نوع الوثيقة: | working paper http://purl.org/coar/resource_type/c_8042 preprint |
| اللغة: | English |
| URL الوصول: | https://orbi.uliege.be/handle/2268/311578 |
| Rights: | open access http://purl.org/coar/access_right/c_abf2 info:eu-repo/semantics/openAccess |
| رقم الانضمام: | edsorb.311578 |
| قاعدة البيانات: | ORBi |
| الوصف غير متاح. |