The Generation Game: All Gain No Pain? Ageing, Intergenerational Equity and Generational Accounts

Cathal O'Donoghue

No 59, Working Papers from National University of Ireland Galway, Department of Economics

Abstract: This paper tries to quantify the degree of intergenerational redistribution in Irish public expenditure. The development of a large public debt in the space of two decades, its rapid elimination and potential rise again in the next decades due to demographic changes is likely to result in an intergenerational transfer of resources. The paper utilises a database of public expenditure, together with the age incidence distribution of public expenditure to examine the generational net beneficiaries of public spending programs since the foundation of the state in 1921. Demographic and alternative economic scenarios are considered to estimate the lifetime net benefit from public expenditure. Finally the sustainability of current expenditure is examined through the creation of generational accounts.

Keywords: Public Expenditure; Intergenerational Redistribution (search for similar items in EconPapers)
JEL-codes: H50 (search for similar items in EconPapers)
Date: 2002, Revised 2002
References: Add references at CitEc
Citations:

Forthcoming in the Journal of the Statistical and Social Inquiry Society of Ireland

Downloads: (external link)
http://www.economics.nuig.ie/resrch/paper.php?pid=64 First version, 2002 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found
http://www.economics.nuig.ie/resrch/paper.php?pid=64 Revised version, 2002 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nig:wpaper:0059

Access Statistics for this paper

More papers in Working Papers from National University of Ireland Galway, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Srinivas Raghavendra ().