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Although crucial for policy-making, an assessment of the macro-economic impact of the ISP reform has never been rigorously conducted for Belgium, that is, in searching for a causal link between the ISP and the increasing employment rate among older people from 2007 onwards.
It is our estimator of the overall impact of the ISP.
This paper relies on a macro-econometric evaluation to assess the impact of the ISP policies taken as a whole.
The estimated impact of the ISP under these two alternative specifications are given in Figs. 8 and 9.
In section 4, we explain the method used to evaluate the overall impact of the ISP on the age and gender-specific employment rates in Belgium.
As explained in sub-section 2.2.3, we expect a positive but small overall impact of the ISP on the employment rate of older workers.
Similar(40)
The primary aim of this paper is to evaluate the overall impact of the active aging policies introduced by the Intergenerational Solidarity Pact (ISP) in December 2005 on the employment rate of workers aged 50 59 in Belgium.
Those mechanisms are described as they were before the introduction of the ISP in December 2005.
The policies of the ISP were taken at the federal level.
TMS analysis of the TI may be performed by measurement of the iSP.
Look for the network settings of the ISP under the setup menu.
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