Financing the Consumptionof the Young and ...
Document type :
Compte-rendu et recension critique d'ouvrage
DOI :
Title :
Financing the Consumptionof the Young and Old in France
Author(s) :
d'Albis, Hippolyte [Auteur]
Paris Jourdan Sciences Economiques [PJSE]
Bonnet, Carole [Auteur]
Institut national d'études démographiques [INED]
Chojnicki, Xavier [Auteur]
Economie Quantitative, Intégration, Politiques Publiques et Econométrie [EQUIPPE]
El Mekkaoui, Najat [Auteur]
Développement, Institutions et Modialisation [LEDA-DIAL]
Greulich, Angela [Auteur]
Centre d'économie de la Sorbonne [CES]
Hubert, Jérôme [Auteur]
Lille économie management - UMR 9221 [LEM]
Navaux, Julien [Auteur]
University of Ottawa [Ottawa]
Paris Jourdan Sciences Economiques [PJSE]
Bonnet, Carole [Auteur]
Institut national d'études démographiques [INED]
Chojnicki, Xavier [Auteur]
Economie Quantitative, Intégration, Politiques Publiques et Econométrie [EQUIPPE]
El Mekkaoui, Najat [Auteur]
Développement, Institutions et Modialisation [LEDA-DIAL]
Greulich, Angela [Auteur]
Centre d'économie de la Sorbonne [CES]
Hubert, Jérôme [Auteur]
Lille économie management - UMR 9221 [LEM]
Navaux, Julien [Auteur]
University of Ottawa [Ottawa]
Journal title :
Population and Development Review
Pages :
103-132
Publisher :
Wiley-Blackwell
Publication date :
2019-03
ISSN :
0098-7921
English keyword(s) :
National Transfer Accounts
Private and Public Consumption
Inter-Generational Equity
Generational Economy
Private and Public Consumption
Inter-Generational Equity
Generational Economy
HAL domain(s) :
Sciences de l'Homme et Société/Economies et finances
Économie et finance quantitative [q-fin]
Économie et finance quantitative [q-fin]
English abstract : [en]
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 ...
Show more >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).Show less >
Show more >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).Show less >
Language :
Anglais
Popular science :
Non
Collections :
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