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- handle: 10670/1.51y47r
- halshs: halshs-02076546
- doi: 10.1111/padr.12204
- WOS: 000461865000004
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Mots-clés
National Transfer Accounts Private and Public Consumption Inter-Generational Equity Generational Economy C - Mathematical and Quantitative Methods/C.C8 - Data Collection and Data Estimation Methodology • Computer Programs/C.C8.C80 - General D - Microeconomics/D.D1 - Household Behavior and Family Economics/D.D1.D10 - General D - Microeconomics/D.D9 - Intertemporal Choice/D.D9.D91 - Intertemporal Household Choice • Life Cycle Models and Saving J - Labor and Demographic Economics/J.J1 - Demographic Economics/J.J1.J10 - General -fin]Citer ce document
d'Albis Hippolyte et al., « Financing the Consumptionof the Young and Old in France », Archive Ouverte d'INRAE, ID : 10.1111/padr.12204
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Résumé
A better understanding of the resource allocation across ages is fundamentalto put in place welfare reforms in the context of population ageing.In times of major demographic change, the redistribution of resourcesbetween age groups and the funding of the economically inactive aged remainsa recurring topic of public debate and a major public policy concern inOECD countries. Governments search for a policy mix that will improve thequality of life of the elderly, while at the same time investing in the futureof the young and reducing the fiscal burden on the working population.Life expectancy and education requirements are increasing while budgetconstraints are tightening. This potentially creates tension in the allocationof resources between age groups (Preston 1984; Lee and Mason 2011a).By applying the methodology of National Transfer Accounts (NTA),this article analyzes for France (1) how the funding of consumption (publicand private) is secured at each age; (2) how the funding of consumptionhas changed over recent decades; and (3) how the consumption is financedcompared to that of other countries (China, Germany, Japan, Sweden,United Kingdom, and United States). We consider three sources for financingconsumption: the State (net transfers and in-kind services), individualsthemselves (income and assets), and families (inter vivos transfers, excludingbequests, following the NTA methodology) (United Nations 2013b).