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  1. microWELT: microsimulation projection of full generational accounts for Austria and Spain
    Autor*in: Spielauer, Martin; Horvath, Thomas; Fink, Marian; Abío, Gemma; Souto, Guadalupe; Patxot, Concepció; Istenič, Tanja
    Erschienen: [2020]
    Verlag:  Österreichisches Institut für Wirtschaftsforschung, Wien

    This paper studies the effect of population ageing on the inter- and intra-generational redistribution of income from a longitudinal perspective, comparing lifetime measures of income and transfers by generation, gender, education and family... mehr

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    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 533
    Fernleihe:
    keine Fernleihe

     

    This paper studies the effect of population ageing on the inter- and intra-generational redistribution of income from a longitudinal perspective, comparing lifetime measures of income and transfers by generation, gender, education and family characteristics. For this end, we incorporate new disaggregated National Transfer Account (NTA) data and concepts of generational accounting into the dynamic microsimulation model microWELT. This bottom-up modelling strategy makes it possible to project, for each generation and socio-demographic group, the net present value of expected transfers. microWELT delivers detailed sociodemographic projections consistent with Eurostat population projections but additionally providing the required detail concerning the changes in the population composition by education and family characteristics. Also, the model allows incorporating mechanisms to balance budgets over time in response to population ageing. Our study compares the results for Spain and Austria. We find significant differences in the role of private and public transfers related to parenthood. While in both countries parents privately transfer substantially more money to others, the Austrian welfare state fully compensates for these differences through public transfers to parents. Such compensation is not observed in Spain.

     
    Export in Literaturverwaltung   RIS-Format
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/227501
    Schriftenreihe: WIFO working papers ; 2020, 618
    Umfang: 1 Online-Ressource (circa 21 Seiten), Illustrationen
  2. microWELT: microsimulation projection of indicators of the economic effects of population ageing based on disaggregated national transfer accounts
    Autor*in: Spielauer, Martin; Horvath, Thomas; Fink, Marian; Abío, Gemma; Souto, Guadalupe; Patxot, Concepció; Istenic, Tanja
    Erschienen: Oktober 2020
    Verlag:  Österreichisches Institut für Wirtschaftsforschung, Wien

    This paper studies how changes in the population composition by education and family characteristics impact on indicators of the economic effects of population ageing based on National Transfer Accounts (NTAs). NTAs constitute cross-sectional... mehr

    Zugang:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Standort:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signatur:
    DS 533
    Fernleihe:
    keine Fernleihe

     

    This paper studies how changes in the population composition by education and family characteristics impact on indicators of the economic effects of population ageing based on National Transfer Accounts (NTAs). NTAs constitute cross-sectional per-capita age-profiles of the key variables of national accounts consumption, income, saving, and public transfers, incorporating an estimation of private transfers. A variety of indicators based on NTA data combined with population projections was developed in the literature, of which we have selected two for our analysis: the Support Ratio (SR) and the Impact Index (IMP). We complement existing projections by using new disaggregated NTA data by education and family type, contrasting the results to the same indicators based on NTAs by age. Our projection analysis is performed using the dynamic microsimulation model microWELT. The model provides the required detailed socio-demographic projections and incorporates the NTA accounting framework. Our results show that indicators based on disaggregated data can give a very distinct picture of the economic effects of population ageing, as the burden of ageing is alleviated by the education expansion. Our study compares results for Austria and Spain.

     
    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/227495
    Schriftenreihe: WIFO working papers ; 2020, 612
    Umfang: 1 Online-Ressource (circa 19 Seiten), Illustrationen