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The lifecycle deficit in France, 1979–2005


  • Hippolyte D'Albis

    () (PSE - Paris School of Economics, CES - Centre d'économie de la Sorbonne - UP1 - Université Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

  • Carole Bonnet

    (Département des maladies du système nerveux - AP-HP, roupe hospitalier Pitié-Salpêtrière, Department of Neurology, Paris, France - CHU Pitié-Salpêtrière [APHP])

  • 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)

  • François-Charles Wolff

    (LEMNA - Laboratoire d'économie et de management de Nantes Atlantique - UN - Université de Nantes)


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

  • Hippolyte D'Albis & Carole Bonnet & Julien Navaux & Jacques Pelletan & Hector Toubon & François-Charles Wolff, 2015. "The lifecycle deficit in France, 1979–2005," PSE - Labex "OSE-Ouvrir la Science Economique" hal-01305731, HAL.
  • Handle: RePEc:hal:pseose:hal-01305731
    DOI: 10.1016/j.jeoa.2014.09.005
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    References listed on IDEAS

    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. 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.
    4. 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.
    5. Ronald Lee & Andrew Mason (ed.), 2011. "Population Aging and the Generational Economy," Books, Edward Elgar Publishing, number 13816.
    6. 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.
    7. An-Chi Tung, 2011. "Consumption over the lifecycle: an international comparison," Chapters,in: Population Aging and the Generational Economy, chapter 6 Edward Elgar Publishing.
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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. 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.


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