Vienna Yearbook of Population Research 2019 Special issue on Population ageing and intergenerational redistribution
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Verlag der Österreichischen Akademie der Wissenschaften Austrian Academy of Sciences Press
A-1011 Wien, Dr. Ignaz Seipel-Platz 2
Tel. +43-1-515 81/DW 3420, Fax +43-1-515 81/DW 3400 https://verlag.oeaw.ac.at, e-mail: verlag@oeaw.ac.at |
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DATUM, UNTERSCHRIFT / DATE, SIGNATURE
BANK AUSTRIA CREDITANSTALT, WIEN (IBAN AT04 1100 0006 2280 0100, BIC BKAUATWW), DEUTSCHE BANK MÜNCHEN (IBAN DE16 7007 0024 0238 8270 00, BIC DEUTDEDBMUC)
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Vienna Yearbook of Population Research 2019 Special issue on Population ageing and intergenerational redistribution
ISSN 1728-4414
Print Edition ISSN 1728-5305 Online Edition ISBN 978-3-7001-8562-8 Print Edition ISBN 978-3-7001-8491-1 Online Edition
doi:10.1553/populationyearbook2019
Vienna Yearbook of Population Research 2019 2019, 221 Seiten, 24x17cm, broschiert
Miguel Sánchez-Romero,
Gemma Abío,
Montserrat Botey,
Alexia Prskawetz,
Joze Sambt,
Meritxell Solé Juvés,
Guadalupe Souto,
Lili Vargha,
Concepció Patxot
S. 009 - 036 doi:10.1553/populationyearbook2019s009 Verlag der Österreichischen Akademie der Wissenschaften doi:10.1553/populationyearbook2019s009
Abstract: In this paper, we analyse the impact of population ageing on the sustainability and the intergenerational fairness of public fiscal policy in three selected European countries (Austria, France, and Spain). We use NTA and NTTA data, and introduce these data into a large-scale general equilibrium OLG model with realistic assumptions regarding demographic trends and changes in population structure. The results for sustainability show a sharp increase in the share of public expenditure to GDP for the main programmes of the welfare state. In the three countries analysed, public policies (e.g. education, health care, and pension benefits) redistribute income from younger individuals to older individuals. Our findings indicate that these policies redistribute more resources to older individuals in Spain and fewer resources to older individuals in Austria. We consider the effects of several reform scenarios, including simulations in which the statutory retirement age is raised and the tax base for financing health care expenditures are changed. We also describe the consequences of the population having a fixed level of educational attainment. Published Online: 2019/12/03 08:34:41 Document Date: 2019/12/02 13:06:00 Object Identifier: 0xc1aa5572 0x003b0fba Rights: .
Introduction
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Verlag der Österreichischen Akademie der Wissenschaften Austrian Academy of Sciences Press
A-1011 Wien, Dr. Ignaz Seipel-Platz 2
Tel. +43-1-515 81/DW 3420, Fax +43-1-515 81/DW 3400 https://verlag.oeaw.ac.at, e-mail: verlag@oeaw.ac.at |