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The lifecycle deficit in France, 1979-2005

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  • Hippolyte d'Albis

    (PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement)

  • Carole Bonnet

    (INED - Institut national d'études démographiques)

  • Julien Navaux

    (LEDa - Laboratoire d'Economie de Dauphine - Université Paris Dauphine-PSL - PSL - Université Paris Sciences et Lettres)

  • Jacques Pelletan

    (UP8 - Université Paris 8 Vincennes-Saint-Denis)

  • Hector Toubon

    (LEDa - Laboratoire d'Economie de Dauphine - Université Paris Dauphine-PSL - PSL - Université Paris Sciences et Lettres)

  • François-Charles Wolff

    (LEMNA - Laboratoire d'économie et de management de Nantes Atlantique - IEMN-IAE Nantes - Institut d'Économie et de Management de Nantes - Institut d'Administration des Entreprises - Nantes - UN - Université de Nantes)

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

  • Hippolyte d'Albis & Carole Bonnet & Julien Navaux & Jacques Pelletan & Hector Toubon & François-Charles Wolff, 2014. "The lifecycle deficit in France, 1979-2005," Working Papers hal-01065095, HAL.
    • Handle: RePEc:hal:wpaper:hal-01065095
    Note: View the original document on HAL open archive server: https://hal.science/hal-01065095v2
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    Cited by:

    1. d'Albis, Hippolyte & Badji, Ikpidi & El Mekkaoui, Najat & Navaux, Julien, 2020. "Private asset income in France: Is there a breakdown of intergenerational equity between 1979 and 2011?," The Journal of the Economics of Ageing, Elsevier, vol. 17(C).
    2. Hippolyte d’Albis & Ikpidi Badji, 2021. "Intergenerational equity by educational attainments in France," Journal of Population Research, Springer, vol. 38(4), pages 339-365, December.
    3. Hippolyte d’Albis & Ikpidi Badji, 2019. "Intergenerational inequalities in mortality-adjusted disposable incomes," Vienna Yearbook of Population Research, Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna, vol. 17(1), pages 037-069.
    4. Concepció Patxot, 2023. "The long-term evolution of intergenerational transfers in Spain (1958-2012)," UB School of Economics Working Papers 2023/459, University of Barcelona School of Economics.
    5. 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.
    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 Etudes Economiques (INSEE), issue 491-492, pages 71-92.
    7. Hippolyte d’Albis & Carole Bonnet & Julien Navaux & Jacques Pelletan & François-Charles Wolff, 2017. "Lifecycle deficit in France: an assessment for the period 1979-2011," Economie et Statistique / Economics and Statistics, Institut National de la Statistique et des Etudes Economiques (INSEE), issue 491-492, pages 47-70.
    8. Hippolyte d'Albis & Carole Bonnet & Xavier Chojnicki & Najat El Mekkaoui & Angela Greulich & Jérôme Hubert & Julien Navaux, 2019. "Financing the Consumption of the Young and Old in France," Population and Development Review, The Population Council, Inc., vol. 45(1), pages 103-132, March.
    9. 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?," Working Papers halshs-01799724, HAL.

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    More about this item

    Keywords

    National Transfer Accounts; Consumption; Labor income; Lifecycle Deficit; Comptes de Transferts Nationaux; Consommation; Revenus du travail; Déficit de cycle de vie;
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