Wittgenstein Centre Conference 2017

AGENTA Final Conference: Economic Consequences of Population Ageing and Intergenerational Equity

including

National (Time) Transfer Accounts Workshop


Vienna, 20 - 22 November 2017


Venue Conference 20-21 Nov. 2017

Venue N(T)TA Workshop 22 Nov. 2017

Sigmund Freud University
Ceremonial Hall
Freudplatz 1, 1020 Vienna
Campus WU, LC building
Ceremonial Hall 1
Welthandelsplatz 1, 1020 Vienna

The European population is ageing at a rapid pace: the old-age dependency ratio in 28 EU countries will increase from 31 per cent today to 50 per cent by year 2040. Among the institutions most affected by demographic change is the public transfer system, which largely redistributes from the employed population to the retired elderly generation. There are concerns that the increasing share of elderly persons relative to the employed would result in a large burden on the young generations and puts the elderly population at the risk of poverty. Substantial research seeks to understand and quantify the consequences of ageing for public transfers and provide suggestions how to adapt the transfer systems to demographic changes. The guiding principle of the AGENTA project is to explain and forecast public transfers in Europe and provide evidence-based policy proposals to ensure the long-term sustainability of public finances. In the final conference, we shall bring researchers, stakeholders and policy-makers together to discuss the challenges and to develop strategies toward adapting the intergenerational transfer systems to demographic changes.


Agenda:

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Monday, 20 November 2017

 

08:30

Registration

 

09:00–09:20

Conference Opening

Wolfgang Lutz, Director of Wittgenstein Centre for Demography and Global Human Capital

Alexia Fürnkranz-Prskawetz, Director Vienna Institute of Demography, Coordinator of AGENTA

 

09:20-10:20

Keynote
Chair: Alexia Fürnkranz-Prskawetz

Ronald Lee
Macroeconomic Consequences of Population Aging: A Simple Model with NTA Inputs 

 

 

10:20–12:50

Session: NTA/NTTA data
Chair: Bernhard Hammer

 

10:20

Lili Vargha, Gretchen Donehower
The quantity-quality tradeoff: A cross-country comparison of market and nonmarket investments per child in relation to fertility  

 

10:45

Setsuya Fukuda, Itaru Sato, Kazuyuki Terada, Takahiro Toriyabe, Rikiya Matukura and Hidehiko Ichimura

Household production and consumption over the life cycle in Japan: NTA and NTTA summaries by gender from 1999 to 2014  

 

11:10-11:35

Coffee Break

 

11:35

Patrick Georges, Marcel Mérette, Julien Navaux
Lifecycle deficit in Canada: A longitudinal assessment  

 

12:00

Hippolyte d’Albis, Ikpidi Badji, Carole Bonnet, Xavier Chojnicki, Najat El Mekkaoui, Angela Greulich, Jérôme Hubert, Julien Navaux, Jacques Pelletan
Who pays for the consumption of young and old?  

 

12:25

Ana Šeme, Lili Vargha, Tanja Istenič, Jože Sambt
Historical aspect of unpaid work in Europe: NTTA results by age and gender  

 

12:50–13:05

Poster Session I: Highlights of 6 posters (2 min per poster)

Chair: Alexia Fürnkranz-Prskawetz

-        Leen De Kort
Caring for carers: A comparative study of the association between parents’ care needs and their daughter’s mental health in the different European welfare states  

-        Persida Cica Tofoska Apostolova, Tanja Istenič, Jože Sambt
The economic behaviour of immigrants versus natives over the life cycle       

-        Allison Geerts, Dimitri Mortelmans, Marina Zannella
Pathways into care: The family and work careers of informal caregivers  

-        Tanja Istenič, Elisenda Rentería, Jože Sambt, Guadalupe Souto
What is the contribution of the educational expansion on the demographic dividend in Europe?       

-        Sahanogullari Nazli
Incorporating gender and time use into NTA Turkey  

-        Sonja Spitzer, Bernhard Hammer
Economic wellbeing in later life: A European comparison       

13:05-14:30

POSTER SESSION & LUNCH BREAK
Time to discuss with the 6 poster presenters during lunch

14:30–16:10

Session: Public revenues and expenditures in a demographic context (part I)
Chair: Kirk Scott

14:30

Markus Knell
Outline of a sustainable and fair pension system  

14:55

Agnieszka Chlon-Dominczak, Anita Abramowska-Kmon, Irena E. Kotowska, Wojciech Latkowski
Welfare state and the inter-generational redistribution of public consumption and public transfers in the EU countries  

15:20

Tanja Istenič, Lili Vargha, Jože Sambt
Is there a relation between welfare and inter-age reallocation regimes?  

15:45

Meritxell Solé
Redistributive effects of public education and pensions over the life cycle  

16:10-16:35

Coffee Break

16:35–17:50

Session: Public revenues and expenditures in a demographic context (part II)
Chair: Tommy Bengtsson

16:35

Oliwia Komada, Krzysztof Makarski, Joanna Tyrowicz
Welfare effects of fiscal policy in reforming the pension system  

17:00

Miguel Sánchez-Romero, Gemma Abio, Alexia Fürnkranz-Prskawetz, Gustav Öberg, Concepció Patxot, Jože Sambt, Meritxell Solé Juvés, Guadalupe Souto, Lili Vargha
The sustainability of the welfare state: A historical cohort analysis  

17:25

Krzysztof Makarski, Joanna Tyrowicz
Political (in)stability of social security reform  

17:50

End of presentations of day one

19:00

Evening reception at the Wiener Rathauskeller


 

Tuesday, 21 November 2017

09:00–10:40

Session: Intergenerational redistribution of resources
Chair: Alexia Fürnkranz-Prskawetz

09:00

Robert I. Gal, Pieter Vanhuysse, Lili Vargha
Pro-elderly welfare states within child-oriented societies   

09:25

David McCarthy, James Sefton, Ronald Lee, Jože Sambt
Generational wealth accounts  

09:50

Denys Dukhovnov, Emilio Zagheni, Joan Ryan
Transfers of care time in the United States: The role of cultural and demographic differentials on intergenerational flows by age and sex   

10:15

Gianko Michailidis, Concepció Patxot
Political economy of the intergenerational exchange: An empirical application   

10:40-11:05

Coffee Break

11:05–12:45

Session: Measures and indicators for intergenerational transfers: Sustainability and fairness
Chair: Robert I. Gál

11:05

Giorgos Papadomichelakis, Concepció Patxot, Elisenda Rentería, Meritxell Solé, Guadalupe Souto
The unequal impact of the crisis by age: An analysis based on National Transfer Accounts   

11:30

Bernhard Hammer, Alexia Fürnkranz-Prskawetz, Lili Vargha, Tanja Istenič, Robert I. Gál
Underinvestment in human capital across Europe and its consequences for the sustainability of public transfers   

11:55

Marina Zannella, Alessandra De Rose
Paid work, Home Production and Leisure in Times of Recession: Evidence from Italy  

12:20

Edward Palmer, Yuwei Zhao de Gosson de Varennes
The Importance of Unbiased Estimation of Life Expectancy and Heterogeneity in Life expectancy for Financial Stability and Fair Outcomes in DC Pension Schemes  

12:45–13:00

Poster Session II: Highlights of 6 posters (2 min per poster)

Chair: Alexia Fürnkranz-Prskawetz

-          Montserrat Botey, Guillaume Chapelle
Non taxation of imputed rent: A gift to scrooge?         

-          Daniela Hochfellner, Mary Hamman, Pia Homrighausen
Mom and dad we’re broke, can you help?: A comparative study of financial transfers within families before and after the Great Recession         

-          Julian Schmied, Christian Dudel
How much retirement income is needed to maintain the living standard         

-          Johannes Klotz, Tobias Göllner
Comparative European figures on socio-economic differences in mortality based on harmonized sample data

-          Naomi Biegel, Julie Maes Karel Neels
Changing educational attainment in the Belgian population: A multistate cohort-component projection

-          Agnieszka Chlon-Dominczak, Pawel Strzelecki, Wojciech Latkowski
Pension reforms or consequences of the economic crisis? Measuring the changes of pension incomes in Selected EU countries using APC approach         

13:00-14:30

POSTER SESSION & LUNCH BREAK

Time to discuss with the 6 poster presenters

14:30-16:10

Session: Labour force participation and retirement (part I)
Chair: Concepció Patxot

14:30

Haodong Qi, Tommy Bengtsson
Human capital development and working life prolongation   

14:55

Gerard J. van den Berg, Pia Homrighausen, Gesine Stephan
Targeted wage support for older unemployed workers: An evaluation combining survey and register data from a randomized controlled field experiment

16:10-16-35

Coffee Break

16:10-17:25

Session: Labour force participation and retirement (part II)
Chair: Agnieszka Chlon-Dominczak

16:10 Daniel Kemptner, Peter Haan, Holger Lüthen
The increasing longevity gap by lifetime earnings and its distributional implications  

16:35

Bénédicte H. Apouey, Cahit Guven, Claudia Senik
Retirement and unexpected health shocks   

17:00

Roman Raab
Retirement and informal care-giving: Behavioral patterns among older workers  

17:25

End of day two


National (Time) Transfer Accounts Workshop

Wednesday, 22 November 2017

09:00 Welcoming remarks
09:05 Bernhard Hammer
European National Transfer Accounts (NTA) and the European System of National Accounts  
09:45 Tanja Istenič
The NTA age-patterns of production, transfers, consumption and saving  

10:30-10:50

Coffee Break

10:50

Lili Vargha

National Time Transfer Accounts (NTTA): Household satellite accounts by age and gender  

11:30

Bernhard Hammer, Jože Sambt,  Miguel Sánchez-Romero,  Lili Vargha  
The AGENTA data explorer and selected applications of NTA and NTTA 

12:30-13:45

Lunch Break

13:45

Tanja Istenič, Bernhard Hammer,  Lili Vargha  
A close look behind the curtain: Details and potential difficulties with NTA and NTTA

14:45 Measuring population ageing
Chair: Róbert Iván Gál

Contributions by Hippolyte d’Albis,  Alexia Fürnkranz-Prskawetz,  Róbert Iván Gál,  Bernhard Hammer  

Open discussion

16:00

Closing

 


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This project has received funding from the European Union's Seventh Framework Programme for research, technological development and demonstration under grant agreement no 613247.