A Semi-Aggregate Model for Social Expenditure Projections. ENEPRI Research Reports No. 62, January 2009

Marco Ferraresi, Pier and Monticone, Chiara. (2009) A Semi-Aggregate Model for Social Expenditure Projections. ENEPRI Research Reports No. 62, January 2009.

Abstract

This report describes the semi-aggregate model (SAM) developed to deliver aggregate projections of social protection expenditures as well as semi-aggregate projections of income sources by age class and gender for a number of European countries (Denmark, France, Germany, Italy, Latvia, Luxembourg, Netherlands, Poland, Spain and United Kingdom) over the horizon 2005 - 2050. The partial equilibrium stance adopted allows both a greater flexibility in the choice of countries and in the building of scenarios, while at the same time offering an easier understanding of the model’s inner mechanisms with respect to general equilibrium modelling. Results for aggregate projections are presented, including various sensitivity scenarios devoted at analysing the role of theoretical replacement rates and employment rates – such as the one necessary to fulfil the Lisbon targets – on public pensions expenditures.

Item Type:	Other
Remote Resource Image:
Public Domain:	No
Refereed:	No
Status:	Published
Authors, Individual:	Marco Ferraresi, Pier and Monticone, Chiara.
Title:	A Semi-Aggregate Model for Social Expenditure Projections. ENEPRI Research Reports No. 62, January 2009
Language:	English
Journals and Series:	Series > Centre for European Policy Studies (Brussels) > ENEPRI Research Reports
Pages:	60
Month:	January
Year:	2009
Subjects:	Countries > Italy Countries > Denmark Countries > Latvia Countries > Luxembourg Countries > France EU policies and themes > Policies & related activities > social policy > welfare state Countries > Spain Countries > Netherlands Countries > Germany Countries > Poland Countries > U.K.
Alternative Locations:	http://shop.ceps.eu/BookDetail.php?item_id=1777
ID Code:	11486
Deposited By:	Wilkin, Phil
Deposited On:	03 September 2009