Reference : Accrued Pension Rights in Belgium: Micro-Simulation of Reforms
Scientific journals : Article
Business & economic sciences : Economic systems & public economics
http://hdl.handle.net/2268/131341
Accrued Pension Rights in Belgium: Micro-Simulation of Reforms
English
Jousten, Alain mailto [Université de Liège - ULg > HEC-Ecole de gestion de l'ULg : UER > Théorie monétaire et macroéconomie >]
Perelman, Sergio mailto [Université de Liège - ULg > HEC-Ecole de gestion de l'ULg : UER > Economie publique appliquée >]
Sigismondi, Fabio mailto [Université de Liège - ULg > HEC-Ecole de gestion de l'ULg : UER > Théorie monétaire et macroéconomie >]
Tarantchenko, Ekaterina mailto [Université de Liège - ULg > HEC-Ecole de gestion de l'ULg : UER > Economie industrielle >]
2012
International Journal of Microsimulation
International Microsimulation Association
5
2
22-39
Yes (verified by ORBi)
International
1747-5864
Canberra
Australia
[en] micro-simulation ; pension ; retirement
[en] We simulate different reform scenarios of the Belgian pension system using a micro-simulation approach. Using a rich administrative dataset with extensive information on individual earnings histories, we evaluate the impact of the scenarios for the individuals as well as the system as a whole. Our main metric for these analysis is the notion of accrued to date pension rights, i.e. the pensions rights that would be due if the system were shut down today and all accrued rights under current legislation were honoured. Our analysis illustrates that partial reforms have limited effects, both in distributional and in fiscal terms. To achieve more substantial effects, a more comprehensive approach is needed. Regional differences within the country are mostly due to differences in regional GDP rather than the pension system itself.
Researchers ; Professionals
http://hdl.handle.net/2268/131341
http://www.microsimulation.org/IJM/V5_2/2_IJM_5_2_Jousten_perelman_Sigismondi_Tarantchenko.pdf

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