News & Events
Interview with James Sefton: there is more solidarity between generations than the “Millennials versus Boomers” narrative would suggest
James Sefton, Chair in Economics – Academic Director for MSc Finance & Accounting, MSc Financial Technology and MSc Investment & Wealth Management, talks about intergenerational solidarity, wealth booms and debt burdens. Click here to watch the video
The Elderly Bias of the Spanish Welfare State (1958–2012)
The Spanish welfare state is strongly biased toward sustaining the elderly’s welfare, rather than children’s. We study the evolution of that bias since 1958 through National Transfer Accounts (NTA). NTA disentangle how people produce, consume, and save along their life cycle, and how resources move among generations through different mechanisms (families, markets, and governments). We…
Young teens at play: Girls are egalitarian, boys are generous
Using the decisions of 2500 girls and boys in three mini dictator games, this paper investigates how the social preferences of five cohorts of students (aged 12 to 16) evolve throughout adolescence. We find that at early ages (12 years old, 7th grade), girls tend to be egalitarian, boys are more generous, and <10 % exhibit spiteful…
SUSTAINWELL: Addressing the long-term socio-economic impact of population ageing on European society
New Horizon Europe project SUSTAINWELL addresses the medium and long-term impacts of ageing societies on income redistribution. It measures the roles of market, the government, and the family in providing wellbeing along the lifecycle, combining comparable European datasets and integrates this into a dynamic microsimulation projection. Population ageing is one of the main challenges that…