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The lifecycle deficit in France, 1979–2005

Author

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  • d’Albis, Hippolyte
  • Bonnet, Carole
  • Navaux, Julien
  • Pelletan, Jacques
  • Toubon, Hector
  • Wolff, François-Charles

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.

Suggested Citation

  • d’Albis, Hippolyte & Bonnet, Carole & Navaux, Julien & Pelletan, Jacques & Toubon, Hector & Wolff, François-Charles, 2015. "The lifecycle deficit in France, 1979–2005," The Journal of the Economics of Ageing, Elsevier, vol. 5(C), pages 79-85.
  • Handle: RePEc:eee:joecag:v:5:y:2015:i:c:p:79-85
    DOI: 10.1016/j.jeoa.2014.09.005
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    File URL: http://www.sciencedirect.com/science/article/pii/S2212828X14000292
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    References listed on IDEAS

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    1. Philippe Askenazy & Gilbert Cette & Arnaud Sylvain, 2011. "Le partage de la valeur ajoutée," Post-Print halshs-00654669, HAL.
    2. Alan J. Auerbach & Jagadeesh Gokhale & Laurence J. Kotlikoff, 1991. "Generational Accounts: A Meaningful Alternative to Deficit Accounting," NBER Chapters,in: Tax Policy and the Economy, Volume 5, pages 55-110 National Bureau of Economic Research, Inc.
    3. Andrew Mason & Ronald Lee, 2011. "Population aging and the generational economy: key findings," Chapters,in: Population Aging and the Generational Economy, chapter 1 Edward Elgar Publishing.
    4. Sang-Hyop Lee & Naohiro Ogawa, 2011. "Labor income over the lifecylce: an international comparison," Chapters,in: Population Aging and the Generational Economy, chapter 5 Edward Elgar Publishing.
    5. An-Chi Tung, 2011. "Consumption over the lifecycle: an international comparison," Chapters,in: Population Aging and the Generational Economy, chapter 6 Edward Elgar Publishing.
    6. Ronald Lee & Gretchen Donehouwer & Tim Miller, 2011. "The changing shape of the economic lifecycle in the United States, 1960 to 2003," Chapters,in: Population Aging and the Generational Economy, chapter 15 Edward Elgar Publishing.
    7. Ronald Lee & Andrew Mason (ed.), 2011. "Population Aging and the Generational Economy," Books, Edward Elgar Publishing, number 13816, December.
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    Citations

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    Cited by:

    1. Hippolyte d’Albis & Carole Bonnet & Julien Navaux, 2016. "When in life is income higher than consumption? Changes in France over 30 years," Population et Sociétés 529, Institut National d'Études Démographiques (INED).
    2. Hippolyte D'Albis & Carole Bonnet & Xavier Chojnicki & Najat El Mekkaouide Freitas & Angela Greulich & Jérôme Hubert & Julien Navaux, 2018. "Who pays for the consumption of young and old?," PSE Working Papers halshs-01799724, HAL.
    3. d’Albis, Hippolyte & Bonnet, Carole & Navaux, Julien & Pelletan, Jacques & Wolff, François-Charles, 2015. "Le déficit de cycle de vie en France: une évaluation pour la période 1979-2011," CEPREMAP Working Papers (Docweb) 1513, CEPREMAP.
    4. repec:nse:ecosta:ecostat_2017_491-492_7 is not listed on IDEAS
    5. repec:nse:ecosta:ecostat_2017_491-492_6 is not listed on IDEAS
    6. Hippolyte d’Albis & Ikpidi Badji, 2017. "Intergenerational inequalities in standards of living in France," Economie et Statistique / Economics and Statistics, Institut National de la Statistique et des Études Économiques (INSEE), issue 491-492, pages 71-92.

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