Vieillissement démographique et immigration: un modèle de comptabilité générationnelle appliqué à la France

Xavier Chojnicki

Economie & Prévision, 2006, vol. n° 174, issue 3, 39-57

Abstract: The impact of population aging on public finances is a matter of concern to all OECD countries. There have been recent suggestions that immigrationcould dampenthe effects of population aging. In thisarticle, we usegenerational accounting to study the impact ofimmigration onthecentral government's intertemporalfiscalconstraint. We showthat French fiscal policy is unsustainable in the long term and requires a total 11.6% increase in taxes or an overall 13% reduction in transfers. The contribution of migrants is relatively neutral and would not help to restore equilibrium. By contrast, the introduction of a selective policy to raise immigrants'educational attainment could complement traditional economic instruments in coping with population aging.

Keywords: generational accounting; immigration; fiscal policy (search for similar items in EconPapers)
Date: 2006
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Journal Article: Vieillissement démographique et immigration: un modèle de comptabilité générationnelle appliqué à la France (2006)
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