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The lifecycle deficit in France, 1979-2005

Hippolyte d'Albis (), Carole Bonnet (), Julien Navaux, Jacques Pelletan (), Hector Toubon () and François-Charles Wolff ()
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Julien Navaux: LEDa - Laboratoire d'Economie de Dauphine - Université Paris-Dauphine
Jacques Pelletan: UP8 - Université Paris 8 Vincennes-Saint-Denis
Hector Toubon: LEDa - Laboratoire d'Economie de Dauphine - Université Paris-Dauphine

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Abstract: We use the National Transfer Accounts methodology to calculate the lifecycle deficit in France for the years 1979-2005. During this period, consumption profiles were roughly constant over age, while labor income profiles shifted to higher ages. The share of the aggregate lifecycle deficit in GDP rose sharply in the 1980s due to an increase in the mean age of the population. In contrast, the per capita shares of the lifecycle deficit attributed to the population under 20 and over 60 varied little during this period, even though the relative weights of these two age-segments has shifted continuously in favor of the latter.

Keywords: National Transfer Accounts; Consumption; Labor income; Lifecycle Deficit; Comptes de Transferts Nationaux; Consommation; Revenus du travail; Déficit de cycle de vie (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-age, nep-eec and nep-eur
Date: 2014-07-28
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Journal Article: The lifecycle deficit in France, 1979–2005 (2015) Downloads
Working Paper: The lifecycle deficit in France, 1979–2005 (2015)
Working Paper: The lifecycle deficit in France, 1979‐2005 (2013) Downloads
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