Social security and economic integration

Lionel Artige, Antoine Dedry and Pierre Pestieau ()
Additional contact information
Lionel Artige: University of Liège, Belgium
Pierre Pestieau: CREPP, University of Liège; Université catholique de Louvain, CORE, Belgium

No 2013037, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)

Abstract: The purpose of this letter is to analyze the impact of economic integration when countries differ in their social security systems, more specifically in the degree of funding of their pensions, and in the regulation of the retirement age. Funding and mandatory early retirement are two features which foster capital accumulation relative to pay-as-you-go pensions with flexible retirement. In case of economic integration they both imply some capital outflow and may lead to some utility losses.

Keywords: economic union; tax competition; social security (search for similar items in EconPapers)
JEL-codes: F42 H2 H8 (search for similar items in EconPapers)
Date: 2013-07-23
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Related works:
Journal Article: Social security and economic integration (2014)
Working Paper: Social security and economic integration (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:cor:louvco:2013037

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