Intergenerational Transfers in Spain: The Role of Education

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....

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Authors: Abío, Gemma, Patxot, Concepció, Rentería, Elisenda, Souto Nieves, Guadalupe
Format: article
Status:Published version
Publication Date:2017
Country:España
Institution:Universidad de Barcelona
Repository:Dipòsit Digital de la UB
OAI Identifier:oai:diposit.ub.edu:2445/121264
Online Access:https://hdl.handle.net/2445/121264
Access Level:Open access
Keyword: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
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spelling Intergenerational Transfers in Spain: The Role of EducationAbío, GemmaPatxot, ConcepcióRentería, ElisendaSouto Nieves, GuadalupeEstat del benestarGeneracionsNivell de vidaEducació i desenvolupament econòmicJubilacióWelfare stateGenerationsCost and standard of livingEducation and economic developmentRetirementThis 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.Instituto de Estudios Fiscales2017info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://hdl.handle.net/2445/121264Articles publicats en revistes (Economia)reponame:Dipòsit Digital de la UBinstname:Universidad de BarcelonaInglésReproducció del document publicat a: http://www.ief.es/documentos/recursos/publicaciones/revistas/hac_pub/223_Art4.pdfHacienda Pública Española, 2017, vol. 223, num. 4, p. 101-130https://doi.org/10.7866/HPE-RPE.17.4.4(c) Instituto de Estudios Fiscales, 2017info:eu-repo/semantics/openAccessoai:diposit.ub.edu:2445/1212642026-05-27T06:46:51Z
dc.title.none.fl_str_mv Intergenerational Transfers in Spain: The Role of Education
title Intergenerational Transfers in Spain: The Role of Education
spellingShingle Intergenerational Transfers in Spain: The Role of Education
Abío, Gemma
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
title_short Intergenerational Transfers in Spain: The Role of Education
title_full Intergenerational Transfers in Spain: The Role of Education
title_fullStr Intergenerational Transfers in Spain: The Role of Education
title_full_unstemmed Intergenerational Transfers in Spain: The Role of Education
title_sort Intergenerational Transfers in Spain: The Role of Education
dc.creator.none.fl_str_mv Abío, Gemma
Patxot, Concepció
Rentería, Elisenda
Souto Nieves, Guadalupe
author Abío, Gemma
author_facet Abío, Gemma
Patxot, Concepció
Rentería, Elisenda
Souto Nieves, Guadalupe
author_role author
author2 Patxot, Concepció
Rentería, Elisenda
Souto Nieves, Guadalupe
author2_role author
author
author
dc.subject.none.fl_str_mv 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
topic 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
description 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.
publishDate 2017
dc.date.none.fl_str_mv 2017
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv https://hdl.handle.net/2445/121264
url https://hdl.handle.net/2445/121264
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv Reproducció del document publicat a: http://www.ief.es/documentos/recursos/publicaciones/revistas/hac_pub/223_Art4.pdf
Hacienda Pública Española, 2017, vol. 223, num. 4, p. 101-130
https://doi.org/10.7866/HPE-RPE.17.4.4
dc.rights.none.fl_str_mv (c) Instituto de Estudios Fiscales, 2017
info:eu-repo/semantics/openAccess
rights_invalid_str_mv (c) Instituto de Estudios Fiscales, 2017
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Instituto de Estudios Fiscales
publisher.none.fl_str_mv Instituto de Estudios Fiscales
dc.source.none.fl_str_mv Articles publicats en revistes (Economia)
reponame:Dipòsit Digital de la UB
instname:Universidad de Barcelona
instname_str Universidad de Barcelona
reponame_str Dipòsit Digital de la UB
collection Dipòsit Digital de la UB
repository.name.fl_str_mv
repository.mail.fl_str_mv
_version_ 1869411857383555072
score 15,223283

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