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When in life is income higher than consumption? Changes in France over 30 years

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  • Hippolyte d’Albis

    (PSE)

  • Carole Bonnet

    (Ined)

  • Julien Navaux

    (Ined)

Abstract

The National Transfer Accounts method is used to quantify economic transfers between ages. During their working years, individuals usually produce more than they consume. The opposite occurs during their youth and retirement, when their consumption is financed by a redistribution of resources between ages. From 1979 to 2011, the period of life when income from work is higher than consumption grew shorter in France. Consumption profiles shifted to the advantage of the elderly, who now consume more in relative terms than younger cohorts.

Suggested Citation

  • 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).
  • Handle: RePEc:idg:posocf:529
    as

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    File URL: http://www.ined.fr/fichier/s_rubrique/24968/population.societies.2016.529.changes.consumption.en.en.pdf
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    References listed on IDEAS

    as
    1. 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.
    2. Ronald Lee & Andrew Mason (ed.), 2011. "Population Aging and the Generational Economy," Books, Edward Elgar Publishing, number 13816, April.
    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. Ronald Lee, 1980. "Age Structure, Intergenerational Transfers and Economic Growth : an Overview," Revue Économique, Programme National Persée, vol. 31(6), pages 1129-1156.
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