The shift-share analysis is a widely used decomposition technique in regional studies to quantify an industry-mix effect and a competitive effect on the growth of regional employment (or any other relevant variable) relative to the national average. This technique has always been subject to...

This paper uses generational accounts as an instrument to analyse the fiscal long term sustainability of Belgian public finances. Age-profiles of detailed tax and expenditure categories are derived from micro data and microsimulation models, and then plugged into a long run demographic...

We develop a two step estimation procedure to estimate nonlinear panel data models. Our approach combines the “correlated random effect” and the “control function” approach to handel endogeneity of regressors that are correlated with both the unobserved heterogeneity as well as the...

The purpose of this paper is to analyze the impact of economic integration when countries differ in their social security systems, more specifically in the degree of funding of their pensions, and in the flexibility in the retirement age. It then turns to the impact of ageing, namely the decline...