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Micro-Simulation of Social Security Reforms in Belgium

Desmet, Raphaël; Jousten, Alain; Perelman, Sergio; … - 2003

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...

Persistent link: https://www.econbiz.de/10010272725

Shattered dreams: the effects of changing the pension system late in the game

de Grip, Andries; Lindeboom, Maarten; Montizaan, Raymond - 2009

retirement expectations of workers nearing retirement age. The reform means that public sector workers born on January 1, 1950 or …

Persistent link: https://www.econbiz.de/10010274070

Will it Last? An Assessment of the 2001 German Pension Reform

Bonin, Holger - 2001

, necessary beyond 2025. As the enacted savings rate target is conservative, individual pensions keep retirement income sufficient …

Persistent link: https://www.econbiz.de/10010262550

Addressing the legacy costs in an NDC reform: Conceptualization, measurement, financing

Holzmann, Robert; Jousten, Alain - 2010

The paper provides a framework for the conceptualization, definition and estimation of legacy costs that need to be addressed in a reform that transforms an unfunded defined contribution (NDB) scheme into a notional (or non-financial) defined contribution (NDC) scheme. As the new contribution...

Persistent link: https://www.econbiz.de/10010278557

The effects of pension rights and retirement age on training participation: evidence from a natural experiment

Montizaan, Raymond; Cörvers, Frank; De Grip, Andries - 2009

pension rights. We find that this exogenous shock to pension rights postpones expected retirement and increases participation …

Persistent link: https://www.econbiz.de/10010271295

Increasing the legal retirement age: the impact on wages, worker flows and firm performance

Martins, Pedro Silva; Novo, Álvaro A.; Portugal, Pedro - 2009

Many pay-as-you-go pension systems have increased or plan to increase their legal retirement age (LRA) to address the …

Persistent link: https://www.econbiz.de/10010275830

Does the welfare state make older workers unemployable?

Saint-Paul, Gilles - 2009

This paper discusses the specificities of the labor market for older workers. It discusses the implications of those specificities for the effect of labor market institutions on the employability of those workers. It shows that while unemployment benefits indexed backwards and hiring costs are...

Persistent link: https://www.econbiz.de/10010271319

The recent evolution of retirement patterns in Canada

Lefebvre, Pierre; Merrigan, Philip; Michaud, Pierre-Carl - 2011

Using data from three waves of the General Social Survey on retirement and older workers (1994, 2002 and 2007), we … document the evolution of retirement patterns over the last three decades. We combined the analysis of retirement ages of … actual retirees with data on expected retirement ages of current workers to create a longer perspective on changes in …

Persistent link: https://www.econbiz.de/10010280715

Preparing for policy changes: social security expectations and pension scheme participation

van der Wiel, Karen - 2008

Western governments are currently contemplating how to adapt their Pay-As-You-Go pension systems so that these remain financially sustainable, even with an aged population. To the extent that policy-makers haven't already adapted their old age social security schemes, an ageing population thus...

Persistent link: https://www.econbiz.de/10010277208

A Collective Retirement Model : Identification and Estimation in the Presence of Externalities

Michaud, Pierre-Carl; Vermeulen, Frederic - 2004

first five waves of the Health and Retirement Study. We also provide model simulations for two widely discussed reform …

Persistent link: https://www.econbiz.de/10010262042