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Aging, education and intergenerational flows in Uruguay

dc.rights.licenseopenen_US
hal.structure.identifierLaboratoire d'analyse et de recherche en économie et finance internationales [Larefi]
dc.contributor.authorCOLACCE, Maira
dc.contributor.authorAMARANTE, Verónica
dc.contributor.authorBUCHELI, Marisa
dc.contributor.authorNATHAN, Mathias
dc.date.accessioned2022-12-12T10:36:41Z
dc.date.available2022-12-12T10:36:41Z
dc.date.issued2021-02-01
dc.identifier.issn2212-828Xen_US
dc.identifier.urioai:crossref.org:10.1016/j.jeoa.2020.100306
dc.identifier.urihttps://oskar-bordeaux.fr/handle/20.500.12278/170554
dc.description.abstractEnhis article addresses the challenges posed by aging and inequality in a developing country, specifically Uruguay, by considering present and future intergenerational net public flows by age and socioeconomic group. We discuss the potential impact of the aging process on public redistribution by age and socioeconomic group, based on population projections by educational level elaborated from the Wittgenstein Centre for Demography and Global Human Capital (WIC). To address the potential effects of changes in age and educational structures by 2050, we estimate education-specific per capita age-profiles for public inflows and outflows in the baseline year and apply them to 2050 projections. Our results show substantial disparities in the present age profile of net flows from the public sector to population by educational group: the higher the level of education, the earlier net transfers change from positive to negative for individuals. Only the less educated group benefits directly from public redistribution, while the other three educational groups are net payers. Under plausible scenarios of educational expansion, net public flows result in a higher surplus in public accounts. A linear decomposition of the dynamic effects shows that this result is mainly driven by educational improvement, as the associated increase in outflows leads to a surplus in public accounts. In this way, the negative effect of changes in the age structure on net flows is counteracted. Redistributive tensions between educational groups also tend to dilute in the medium term because of educational expansion.
dc.language.isoENen_US
dc.sourcecrossref
dc.subjectDemographic change
dc.subject.enIntergenerational net transfers
dc.subject.enInequality
dc.subject.enEducation
dc.title.enAging, education and intergenerational flows in Uruguay
dc.typeArticle de revueen_US
dc.identifier.doi10.1016/j.jeoa.2020.100306en_US
dc.subject.halSciences de l'Homme et Société/Economies et financesen_US
dc.subject.jelJ - Labor and Demographic Economics::J0 - Generalen_US
dc.subject.jelH - Public Economics::H6 - National Budget, Deficit, and Debt::H62 - Deficit; Surplusen_US
bordeaux.journalThe Journal of the Economics of Ageingen_US
bordeaux.page100306en_US
bordeaux.volume18en_US
bordeaux.hal.laboratoriesLaboratoire d'analyse et de recherche en économie et finance internationales (LAREFI) - EA2954en_US
bordeaux.institutionUniversité de Bordeauxen_US
bordeaux.institutionCNRS
bordeaux.peerReviewedouien_US
bordeaux.inpressnonen_US
bordeaux.import.sourcedissemin
hal.identifierhal-03894389
hal.version1
hal.date.transferred2022-12-12T10:36:43Z
hal.exporttrue
workflow.import.sourcedissemin
dc.rights.ccPas de Licence CCen_US
bordeaux.COinSctx_ver=Z39.88-2004&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.jtitle=The%20Journal%20of%20the%20Economics%20of%20Ageing&rft.date=2021-02-01&rft.volume=18&rft.spage=100306&rft.epage=100306&rft.eissn=2212-828X&rft.issn=2212-828X&rft.au=COLACCE,%20Maira&AMARANTE,%20Ver%C3%B3nica&BUCHELI,%20Marisa&NATHAN,%20Mathias&rft.genre=article


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