References of "Desmet, R"
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See detailMicro-simulation of Social Security reforms in Belgium
Jousten, Alain ULg; Desmet, R.; Perelman, Sergio ULg et al

in Gruber, J.; Wise, D. (Eds.) Social Security Programs and Retirement around the World: Fiscal Implications of Reform (2007)

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 ... [more ▼]

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. [less ▲]

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See detailMicro-modelling of retirement incentives in Belgium
Jousten, Alain ULg; Dellis, A.; Desmet, R. et al

in Gruber, J.; Wise, D. (Eds.) Social Security Programs and Retirement around the World: Micro Estimation (2004)

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See detailAnalyse de la cessation d'activité en Belgique
Jousten, Alain ULg; Dellis, A.; Desmet, R. et al

in Revue Française d'Economie (2003), XVIII

L’objectif de cette étude est de montrer l’influence du système de retraite sur la cessation d’activité. La première étape consiste à estimer les incitations financières implicites à ce système et ensuite ... [more ▼]

L’objectif de cette étude est de montrer l’influence du système de retraite sur la cessation d’activité. La première étape consiste à estimer les incitations financières implicites à ce système et ensuite à les introduire comme variables explicatives du départ à la retraite dans une régression de type probit. Le résultat majeur de cette contribution est d’indiquer le rôle significatif de ces incitations sur les décisions individuelles. La seconde étape consiste à utiliser les résultats de cette modélisation pour analyser l’effet de réformes sur la prolongation de l’activité. Il apparaît que l’aménagement de certaines règles d’octroi et de calcul des pensions pourrait inciter les travailleurs âgés à différer l’âge de leur retraite. [less ▲]

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See detailMicro-modeling of retirement in Belgium
Dellis, A.; Desmet, R.; Jousten, Alain ULg et al

Report (2002)

The present paper studies the retirement incentives for elderly people in Belgium. We model the incentive structure built into the various public retirement and early retirement systems. First, we compute ... [more ▼]

The present paper studies the retirement incentives for elderly people in Belgium. We model the incentive structure built into the various public retirement and early retirement systems. First, we compute indicators of benefit entitlement such as the social security wealth. Then, we use three different incentive measures based on the notion of social security wealth. In a third step, we perform an empirical estimation of micro-econometric probit and option value models. From our exceptionally rich and broad database, we are able to compute rather accurate measures of all individuals’ pension wealth, as well as of the implicit tax rates the elderly workers face in case of delayed retirement. We find strong evidence of social security based financial incentives inducing most workers to retire at the earliest possible stage. Finally, we use the derived parameter estimates from the probit models to simulate the responses to various policy changes. [less ▲]

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