Social Security in Belgium: Distributive Outcomes

Jousten, Alain; Lefèbvre, Mathieu; Perelman, Sergio; Pestieau, Pierre

doi:10.2139/ssrn.670155

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Social Security in Belgium: Distributive Outcomes

29 Pages Posted: 21 Feb 2005

See all articles by Alain Jousten

Alain Jousten

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

Sergio Perelman

University of Liège - Department of Economics

University of Liège - Research Center on Public and Population Economics; Centre for Economic Policy Research (CEPR); CESifo (Center for Economic Studies and Ifo Institute); Catholic University of Louvain (UCL) - Center for Operations Research and Econometrics (CORE)

Date Written: February 2005

Abstract

The paper analyzes the link between old-age income programs and economic outcomes in Belgium. We use a simulation methodology to construct an average pension generosity variable. Our regression analysis explores the link with distributional outcomes in income, consumption and more subjective indicators. Results document the weak link between average generosity and distributional outcomes across a heterogeneous population.

Keywords: pensions, inequality, social security, elderly

JEL Classification: H31, H55, I31, I32

Suggested Citation: Suggested Citation

Jousten, Alain and Lefèbvre, Mathieu and Perelman, Sergio and Pestieau, Pierre, Social Security in Belgium: Distributive Outcomes (February 2005). Available at SSRN: https://ssrn.com/abstract=670155 or http://dx.doi.org/10.2139/ssrn.670155