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
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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
This paper explores the possibility of building a multiregional migration model at the EU level based on Eurostat statistics on migration by country of previous and next residence, by country of birth or by citizenship. These statistics are used to build a consistent origin-destination matrix for the EU Member States. This matrix is then used to compute migration rates between EU countries, which can be inserted into a multiregional population projection model.
Non-take-up of employers' social security contributions cuts: the case of the “first recruitments” measure 02/05/2018
The ‘first recruitments’ measure aims at supporting job creation in new and small firms through a reduction in employers' social security contributions. However, part of the eligible employers does not claim this reduction. Using administrative data from the National Social Security Office, we seek to quantify this phenomenon, which may bias the intended effect of the measure, and to identify profiles of non-take-up.
This report presents a brief disaggregation of the budget balance of the sub-sector “communities and regions” that was published in the March 2018 “2018-2023 Economic Outlook”. The budget balances of the Flemish Community, the French-speaking Community, the Walloon Region and the Brussels-Capital Region are presented.
Perspectives économiques régionales 2018-2023 - Ralentissement de la croissance économique à moyen terme et baisse importante du taux de chômage dans les trois régions
Regionale economische vooruitzichten 2018-2023 - Vertraging van de economische groei op middellange termijn en aanzienlijke daling van de werkloosheidsgraad in de drie gewesten 17/07/2018