This paper investigates the impact of demographic shocks and budgetary policy on the welfare of all generations. For this purpose, we build a large scale OLG model that captures most crucial variables for the analysis of population shocks conse- quences in France. We introduce life uncertainty...

In most developed countries, the age distribution of the population is shifting rapidly towards the elderly. If transfers and the tax schedule are unchanged, future generations will then have to bear an increased charge and, consequently, they could be deprived. Dans la plupart des pays...

[fre] Cet article examine l'impact du vieillissement démographique et de la politique budgétaire sur le bien-être des générations successives. Pour ce faire, on développe un modèle d'équilibre général à générations imbriquées. Ce dernier reproduit de façon très fine les...

This paper investigates the impact of demographic shocks and budgetary policy on the welfare of all generations. For this purpose, we build a large scale OLG model that captures most crucial variables for the analysis of population shocks consequences in France. We introduce life uncertainty...