The European National Transfer Accounts : data and applications

Sambt, Jože (author), Hammer, Bernhard (author), Istenič, Tanja (author)

Population ageing exerts considerable pressure on the funding of public transfers. It is of utmost importance to understand how the transfer system can adapt to population ageing. Using National Transfer Accounts, we illustrate the different organisation of transfer systems across Europe. Countries like Greece and Romania, where labour income already falls short of consumption at age 54, would greatly improve their public system sustainability by following the Swedish example where this happens ten years later. High consumption at older ages is less problematic when financed substantially through savings (the UK) rather than almost exclusively through transfers (Austria).

• Language: English
• Keywords: EU, ageing, national accounts, national transfer accounts, economic dependency, European Union, population ageing, public system
• Work type: Article
• Typology: 1.01 - Original Scientific Article
• Organization: EF - School of Economics and Business
• Publication status: Published
• Publication version: Version of Record
• Year: 2021
• Number of pages: Str. 184-193
• Numbering: Vol. 23, iss. 3 (art. 4)
• PID: 20.500.12556/RUL-145157
• UDC: 314
• ISSN on article: 2335-4216
• DOI: 10.15458/2335-4216.1287
• COBISS.SI-ID: 84192003
• Publication date in RUL: 11.04.2023

Record is a part of a journal

• Title: Economic and business review
• Publisher: Ekonomska fakulteta
• ISSN: 2335-4216
• COBISS.SI-ID: 268649216

Licences

• License: CC BY-NC-ND 4.0, Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International
• Link: http://creativecommons.org/licenses/by-nc-nd/4.0/
• Description: The most restrictive Creative Commons license. This only allows people to download and share the work for no commercial gain and for no other purposes.

Secondary language

• Language: Slovenian
• Keywords: EU, staranje, družbeni računi

Projects

• Funder: EC - European Commission
• Funding programme: FP7
• Project number: 613247
• Name: Ageing Europe: An application of National Transfer Accounts (NTA) for explaining and projecting trends in public finances
• Acronym: AGENTA