| Date: |
2020 |
| Abstract: |
The welfare state has been shown to be a powerful, effective mechanism in the fight against poverty and social exclusion. Yet, it retains a surprising bias towards the elderly, as identified in more than one strand of the social sciences literature. We construct the National Transfer Accounts (NTA) for Spain before and after the Great Recession to determine how this bias might have shifted during the crisis. Our results confirm that children have borne the brunt of the economic decline. The rise in unemployment and the fall in wages inevitably led to the impoverishment of families, deprived of adequate social policies to act as a counterbalance. In contrast, the elderly were by far better protected, thanks to the well-established public pension and health care systems. The question arises as to why high-income societies appear to be so averse to old-age poverty while they seemingly accept child poverty almost without flinching. |
| Grants: |
Agencia Estatal de Investigación RTI2018- 095799-B-I00
|
| Note: |
Altres ajuts: Spanish Science and Technology System (ECO2016-78991-R) (ECO2015-71981-REDT) and (RTI2018- 095799-B-I00), the European Commission (Joint Programming Initiative (JPI), 'More Years Better Lives (2016) (PCIN-2016-151 WELTRANSIM) and the XREPP (Xarxa de Referència en Economia i Polítiques Públiques) of Catalan Government (Spain), Ramon y Cajal Fellowship (RYC-2017-22586) |
| Rights: |
Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial, la distribució, i la comunicació pública de l'obra, sempre que no sigui amb finalitats comercials, i sempre que es reconegui l'autoria de l'obra original. No es permet la creació d'obres derivades.  |
| Language: |
Anglès |
| Document: |
Article ; recerca ; Versió acceptada per publicar |
| Subject: |
Economic crises ;
Generations ;
Redistribution ;
Welfare state |
| Published in: |
Journal of the Economics of Ageing, Núm. 15 (2020) , ISSN 2212-828X |
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