Who pays for the consumption of young and old?

Hippolyte d'Albis, Carole Bonnet, Xavier Chojnicki, Najat El Mekkaouide Freitas (), Angela Greulich (), Jérôme Hubert and Julien Navaux
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Najat El Mekkaouide Freitas: LEDa - Laboratoire d'Economie de Dauphine - Université Paris Dauphine-PSL - PSL - Université Paris Sciences et Lettres
Angela Greulich: CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, INED - Institut national d'études démographiques
Julien Navaux: University of Ottawa [Ottawa]
Authors registered in the RePEc Author Service: Najat El Mekkaoui de Freitas ()

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Abstract: This article provides a comprehensive overview of how the funding of consumption at different ages is shared between the State, the individual and the family. By applying the National Transfer Accounts method for France, we developed a unique database to analyze how the funding of consumption is secured at each age, how its structure has changed over time, and how the consumption is financed in France compared to that of a set of other developed countries. We find that the elderly in France finance themselves increasingly by their own means, even though public funding of this age group remains significant in France in comparison to other countries. Conversely, the young rely more and more on the State to finance their consumption. Within our sample, France is the country where the young benefited most from public transfers.

Keywords: Generational Economy; National Transfer Accounts; Inter- Generational Equity; Private and Public Consumption (search for similar items in EconPapers)
Date: 2018-05
New Economics Papers: this item is included in nep-age, nep-dem and nep-eur
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01799724
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Related works:
Working Paper: Who pays for the consumption of young and old? (2018)
Working Paper: Who pays for the consumption of young and old? (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:psewpa:halshs-01799724

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