Intergenerational transfers in Spain : the role of education
Abío, Gemma (Universitat de Barcelona. Departament d'Economia)
Patxot, Concepció (Universitat de Barcelona. Departament d'Economia)
Rentería, Elisenda (Centre d'Estudis Demogràfics)
Souto Nieves, Guadalupe (Universitat Autònoma de Barcelona. Departament d'Economia Aplicada)

Data:	2017
Resum:	This paper shows the estimates of National Transfer Accounts (NTA) for Spain in 2006 disaggregated by education level. Overall, our results indicate that, besides age population composition, education level has a big impact on the economic behavior of households and, hence, on the aggregate economy. Educated households tend to participate more and longer in the labor market, to produce more and, consequently, to consume more. As differences in consumption are lower than in labor income, they are able to contribute to the public system with higher taxes and contributions, and they depend less on public transfers over their lifecycle. Therefore, education seems to be crucial to sustain the welfare state in an ageing society.
Ajuts:	Ministerio de Economía y Competitividad ECO2015-67999-R/FEDER Ministerio de Economía y Competitividad ECO2016-78991-R/FEDER Ministerio de Economía y Competitividad CSO2016-77449-R Agència de Gestió d'Ajuts Universitaris i de Recerca 2014/SGR-1257 Ministerio de Ciencia e Innovación ECO2015-71981-REDT Agència de Gestió d'Ajuts Universitaris i de Recerca FI-DGR2013 European Commission AGENTA/613247
Nota:	This research received institutional support from the Spanish Science and Technology System (Project numbers ECO2015-67999-R MINECO/FEDER, ECO2016-78991-R MINECO/FEDER and CSO2016-77449-R), the Catalan Government Science Network (Project number SGR2014-1257), the XREPP - Xarxa de Referència en R+D+I en Economia i Politiques Publiques (XREPP) of Catalan Government, the Red de excelencia SIMBIEN ECO2015- 71981-REDT, the Agaur grant number FI-DGR 2013, and the European Commission through the VII Framework Programme (AGENTA project, grant agreement no: 613247). Elisenda Renteria acknowledges the support from the sub-program Juan de la Cierva (JdlC-I-2014-21178) from the Spanish Ministry of Economy and Competitiveness.
Drets:	Tots els drets reservats.
Llengua:	Anglès
Document:	Article ; recerca ; Versió publicada
Matèria:	Ageing ; Education ; Intergenerational transfers ; Public transfers ; Welfare state
Publicat a:	Hacienda pública española, Vol. 223, Num. 4 (2017) p. 101-130, ISSN 0210-1173

DOI: 10.7866/HPE-RPE.17.4.4

30 p, 1.1 MB

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