Global Meeting on Population and the Generational Economy, August 2020
Presentation: Agnieszka Chłoń-Domińczaka, Wojciech Łątkowskia, Evolution of the generational distribution of income, consumption and the lifecycle deficit in Poland between 2004 and 2016: facing the EU convergence and demographic challenges
The National Transfer Accounts approach is used to assess the lifecycle deficit in Poland between the EU accession in 2004 and 2016. In this period, the overall consumption remained relatively stable relative to wages while the labour income increased, mainly due to the increased economic activity at higher ages. There is a shift in the generational distribution of consumption and public transfers towards the older age groups. The per-capita age profiles in Poland converge to the average levels observed in Europe, however, the gap remains, particularly in public transfers, including public consumption on health. With the continued population ageing it can be expected that this gap will be closing, with rising expectations of the senior generations.
File: NTA2020 Dominczaka
Paper: NTA2020 paper Dominczaka
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