Reference : A Structural Model for Early Exit of Older Men in Belgium
Scientific journals : Article
Business & economic sciences : Economic systems & public economics
A Structural Model for Early Exit of Older Men in Belgium
Lefebvre, Mathieu mailto [Université de Liège - ULg > HEC-Ecole de gestion de l'ULg : UER > Economie politique et finances publiques >]
Orsini, Kristian [> >]
Empirical Economics
Springer Science & Business Media B.V.
Yes (verified by ORBi)
[en] In this paper we propose a structural model of the retirement decision for older workers in Belgium. We model the exit paths available through the various available schemes. Our framework allows exploiting all information on possible exit paths and also better identifying preferences and constraints. Results based upon Belgian microsimulation data from 2001 for private sector workers fits rather well observed behavior. Simulations of hypothetical reforms illustrate the potential effects of changing social security rules.

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