March 2003

IZA DP No. 735: Micro-Simulation of Social Security Reforms in Belgium

Raphaël Desmet, Alain Jousten, Sergio Perelman, Pierre Pestieau

published in: J. Gruber and D. Wise, (eds.), “Social Security Programs and Retirement around the World: Fiscal Implications of Reform”, 2007, University of Chicago Press and NBER

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.

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