Please use this identifier to cite or link to this item: http://hdl.handle.net/2445/121264
Title: Intergenerational Transfers in Spain: The Role of Education
Author: Abío, Gemma
Patxot, Concepció
Rentería, Elisenda
Souto Nieves, Guadalupe
Keywords: Estat del benestar
Generacions
Nivell de vida
Educació i desenvolupament econòmic
Jubilació
Welfare state
Generations
Cost and standard of living
Education and economic development
Retirement
Issue Date: 2017
Publisher: Instituto de Estudios Fiscales
Abstract: 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.
Note: Reproducció del document publicat a: http://www.ief.es/documentos/recursos/publicaciones/revistas/hac_pub/223_Art4.pdf
It is part of: Hacienda Pública Española, 2017, vol. 223, num. 4, p. 101-130
URI: http://hdl.handle.net/2445/121264
Related resource: https://doi.org/10.7866/HPE-RPE.17.4.4
ISSN: 0210-1173
Appears in Collections:Articles publicats en revistes (Economia)

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