Generation and Redistribution of Income from an Age-Perspective. European National Transfer Accounts for the Period 2008 - 2022

Bernhard Binder-Hammer , Vienna Institute of Demography

The ageing population of Europe enforces changes in the age-specific distribution and redistribution of income, potentially leading to imbalances and increasing inequalities between generations. We analyse age- and sex-specific individual incomes in European countries during the period 2008 - 2023 using data from European National Transfer Accounts. A particular focus is on the effect of taxes and social benefits on age-specific incomes. Preliminary results highlight the decline in the relative income of young individuals in many countries, especially in Southern Europe.

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 Presented in Session P7. Education, Labor Market, and Economic Issues