Social Security Incentives in Belgium: An Analysis of Four Decades of Change

41 Pages Posted: 26 Dec 2018 Last revised: 3 May 2023

See all articles by Anne-Lore Fraikin

Anne-Lore Fraikin

University of Liège

Alain Jousten

University of Liege; IZA Institute of Labor Economics; Netspar; International Monetary Fund (IMF)

Mathieu Lefèbvre

University of Strasbourg

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Date Written: December 2018


The paper traces labor market reforms over the last four decades. It provides estimates of retirement incentives for a selected set of typical worker profiles across time and socioeconomic groups and links these series to the labor market performance in Belgium. The results show that the numerous retirement and social security program reforms have had a marked impact on incentives at the micro level. At the aggregate level, results are less clear-cut given the extreme diversity of programs and features in the Belgian institutional context.

Suggested Citation

Fraikin, Anne-Lore and Jousten, Alain and Lefèbvre, Mathieu, Social Security Incentives in Belgium: An Analysis of Four Decades of Change (December 2018). NBER Working Paper No. w25375, Available at SSRN:

Anne-Lore Fraikin (Contact Author)

University of Liège


Alain Jousten

University of Liege ( email )

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IZA Institute of Labor Economics

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International Monetary Fund (IMF)

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Mathieu Lefèbvre

University of Strasbourg ( email )


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