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Generative Income Distribution and Generational Conflict

Author

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  • Cirsten Roppel
  • Ulrich Roppel

Abstract

In the past functional income distribution was the dominant socio-political issue. It was replaced by personal income, which currently dominates debate; and which will give way to generative income distribution as tomorrow’s “new social issue”. At the centre of the article by Cirsten Roppel, Evidence Economic Analysis & Consulting and lecturer at the University of Trier, and Ulrich Roppel, formerly of the German Federal Chancellery, lies the question of the central determinants of inter-generative income distribution, and the concern that a deterioration in income distribution to young people heightens the risk of generational conflict. Whether such a conflict actually erupts or not does not depend entirely on economic factors, but the latter will dominate. The critical factor is the extent to which income earned by young people is used to finance the elderly’s income. If income distribution remains unchanged, the income ratio will have to be lowered.

Suggested Citation

  • Cirsten Roppel & Ulrich Roppel, 2012. "Generative Income Distribution and Generational Conflict," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 65(14), pages 26-33, July.
    • Handle: RePEc:ces:ifosdt:v:65:y:2012:i:14:p:26-33
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    References listed on IDEAS

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    1. Carmen M. Reinhart & Kenneth S. Rogoff, 2009. "Varieties of Crises and Their Dates," Introductory Chapters, in: This Time Is Different: Eight Centuries of Financial Folly, Princeton University Press.
    2. Ulrich Benz & Stefan Fetzer, 2006. "Indicators for Measuring Fiscal Sustainability: A Comparison of the OECD Method and Generational Accounting," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 62(3), pages 367-391, September.
    3. Ronald Lee & Andrew Mason (ed.), 2011. "Population Aging and the Generational Economy," Books, Edward Elgar Publishing, number 13816.
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    More about this item

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

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