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The lifecycle deficit in France, 1979‐2005

Listed author(s):
  • D’Albis, H.
  • Bonnet, C.
  • Navaux, J.
  • Pelletan, J.
  • Toubon, H.
  • Wolff, F. C.

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.

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File URL: http://www.cepremap.fr/depot/docweb/docweb1307.pdf
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Paper provided by CEPREMAP in its series CEPREMAP Working Papers (Docweb) with number 1307.

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Length: 19 pages
Date of creation: Nov 2013
Handle: RePEc:cpm:docweb:1307
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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.
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