Monthly evolution of the consumer price index and of the so-called health index, which is used for the price indexation of wages, social benefits and house-rent.

This Working Paper analyses the competitive position of the pharmaceutical industry over the 2000-2017 period. The evolution of price/cost competitiveness and non-cost competitiveness is studied based on a comparison with our neighbouring countries France, the Netherlands and Germany, and with Denmark, Ireland, Slovenia and Switzerland. The study also analyses a series of global factors and factors specific to the pharmaceutical industry that may influence competitiveness.

Belgium has committed to raise investment in research and development (R&D) to 3% of GDP by 2020. In fulfilment of this commitment, the federal government introduced different tax incentives in support of business R&D. This paper presents the results of the third evaluation of the efficiency of these tax incentives, covering the period 2003-2015.

This report was drafted to meet the request of the Deputy Prime Minister and Minister of Employment, Economy and Consumer Affairs to analyse the potential impact on the greenhouse gas emission reduction of a number of concrete measures submitted by the Climate Coalition. The report is mainly based on existing studies carried out by the Federal Planning Bureau.

The Federal Planning Bureau has developed within the Nowcasting project a dynamic microsimulation model for nowcasting and medium-term forecasts (currently up to 2020) of indicators of poverty and social exclusion. Key messages of this project are that nowcasting and medium-term forecasting are now possible using a fully dynamic microsimulation model. The provisional results of the model suggest that the overall poverty risk would remain stable, but that of the 65+ subpopulation would decrease over time, while that of the younger population would show a small increase. Furthermore, the increase of overall ine-quality would come to a halt and the level of inequality would become more stable. Finally, the very low work intensity rate would continue its decrease, driven by the continuing increase of the employment rate among the working-age population.

The abolition of the Ageing fund in 2016 symbolises the transition from a strategy of pre-funding the budgetary cost of ageing to a strategy based on reforms to the socioeconomic model. This Planning Paper describes the economic and institutional factors behind the shift in fiscal sustainability policy, as well as the role of the various stakeholders. It also reviews the long-term projections produced by the Federal Planning Bureau over the past 25 years.

Within the framework of a cooperation agreement between the Federal Planning Bureau and the Federal Public Service Mobility and Transport, the Federal Planning Bureau produces every three years long-term projections of transport demand in Belgium. These projections are obtained with the national transport projection model PLANET. The current paper describes the new car stock model for Belgium, CASMO (Car Stock Model), which is linked to PLANET. When combined with the projections of transport activity levels in PLANET, these projections of the car stock model can be used to model the environmental impact of road transport. The paper discusses both methodological issues and the results that have been used in the most recent long-term projections of transport demand.

Within the framework of a cooperation agreement between the Federal Planning Bureau and the Federal Public Service Mobility and Transport, the Federal Planning Bureau produces, every three years, long-term projections of transport demand in Belgium. This exercise is the fourth of its kind so far. It aims to make a projection of no change in policy, indicating general long-term trends and allowing elements on which transport policy should be based to be identified and the impact of transport policy measures to be studied.

This report presents the medium-term macroeconomic and macrofiscal impact of an increase in the federal minimal social benefits to the poverty threshold. It was drawn up at the request of the Deputy Prime Minister and Minister of Employment, Economy and Consumer Affairs.

This working paper presents a breakdown of manufacturing industries in the 2010 Belgian input-output tables into export-oriented and domestic market firms. Analyses based on these tables show that export-oriented manufacturers generate a substantial amount of value added in other Belgian firms through their exports. Hence, in terms of policy, export promotion must take into account the value chain for producing exports.

In preparation of the 2018 Pension Adequacy Report by the European Commission and the Social Protection Committee, teams from Belgium, Sweden and Italy use their microsimulation models to simulate the possible developments of pension adequacy while taking into account the set of economic and demographic projections developed by the AWG. The results of this exercise complement the AWG simulations of pension expenditures in a context of demographic. The results described in detail in this report were summarised in section 5.1.2. of the 2018 Pension Adequacy Report

This working paper analyses the economic impact of a regulated professional services reform in Belgium through simulations based on the European Commission’s DSGE model QUEST III R&D