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The effect of social security on saving: The case of Belgium with a particular emphasis on the behavior of the aged

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Abstract

Based on a consumer expenditure function estimated with Belgian time series data, this paper analyses the impact of social security on personal saving.

It shows that social security has a depressive effect, mainly by affecting the saving behavior of the aged.

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Authors and Affiliations

  1. Service d'Economie Publique, Université de liege, 7, Boulevard du Rectorat, 4000, Liege, Belgium

    S. Perelman & P. Pestieau

Authors
  1. S. Perelman
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  2. P. Pestieau
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Perelman, S., Pestieau, P. The effect of social security on saving: The case of Belgium with a particular emphasis on the behavior of the aged. Empirical Economics 9, 15–26 (1984). https://doi.org/10.1007/BF01972174

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  • DOI: https://doi.org/10.1007/BF01972174

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