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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. UNSPECIFIED.

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    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.

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    Item Type: Other
    Subjects for non-EU documents: 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.
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > ENEPRI Research Reports
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 03 Sep 2009
    Page Range: p. 60
    Last Modified: 15 Feb 2011 18:14

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