ASSESSING THE INTERGENERATIONAL VALUE TRANSFERS: A LONG-TERM APPROACH CONSIDERING POPULATION AGEING IN THE CZECH REPUBLIC

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26867184%3A_____%2F21%3AN0000005" target="_blank" >RIV/26867184:_____/21:N0000005 - isvavai.cz</a>

Výsledek na webu

<a href="https://aak.actavia.cz/" target="_blank" >https://aak.actavia.cz/</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.25142/aak.2020.010" target="_blank" >10.25142/aak.2020.010</a>

Jazyk výsledku

angličtina

Název v původním jazyce

ASSESSING THE INTERGENERATIONAL VALUE TRANSFERS: A LONG-TERM APPROACH CONSIDERING POPULATION AGEING IN THE CZECH REPUBLIC

Popis výsledku v původním jazyce

With the ongoing reversal of the population pyramid in the foreground, this paper designs a framework for assessing the intergenerational redistribution due to collective pension, healthcare, and education system funding in the Czech Republic. Employing the generational accounting method for locking the fiscal policy in the base year and deriving individual lifetime net tax payments, overall generational contributions are calculated. This work sheds light on who benefits from and who loses out in the 2015 calibration of the system. The losses are expected for those currently young or yet unborn. The increasing aged dependency ratio puts pressure on the productive population as well as on public finance which results in considerable value transfers from young generations to their predecessors. Such scheme levies – through tax implications of dependency – a high burden of contribution on the population which will be productive especially around the time forty years from now.

Název v anglickém jazyce

ASSESSING THE INTERGENERATIONAL VALUE TRANSFERS: A LONG-TERM APPROACH CONSIDERING POPULATION AGEING IN THE CZECH REPUBLIC

Popis výsledku anglicky

With the ongoing reversal of the population pyramid in the foreground, this paper designs a framework for assessing the intergenerational redistribution due to collective pension, healthcare, and education system funding in the Czech Republic. Employing the generational accounting method for locking the fiscal policy in the base year and deriving individual lifetime net tax payments, overall generational contributions are calculated. This work sheds light on who benefits from and who loses out in the 2015 calibration of the system. The losses are expected for those currently young or yet unborn. The increasing aged dependency ratio puts pressure on the productive population as well as on public finance which results in considerable value transfers from young generations to their predecessors. Such scheme levies – through tax implications of dependency – a high burden of contribution on the population which will be productive especially around the time forty years from now.

Druh

J_ost - Ostatní články v recenzovaných periodicích

CEP obor

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OECD FORD obor

50206 - Finance

Projekt

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Návaznosti

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Rok uplatnění

2021

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Acta academica karviniensia

ISSN

2533-7610

e-ISSN

1212-415X

Svazek periodika

20

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

11

Strana od-do

65-75

Kód UT WoS článku

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EID výsledku v databázi Scopus

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