Since gaining independence in 1991, Slovenia has experienced major changes, including a transition from self‑management socialism to a democratic and pluralistic society with a capitalist market economy. At the same time, population is ageing very rapidly. This presentation discusses the results of an analysis using the National Transfer Accounts (NTA) methodology to show the changing age patterns of consumption and labor income over the 1983 to 2012 period. It also shows how the difference between consumption and labor income is financed through (private and public) transfers and the interaction with assets, i.e., ‘asset-based reallocations’. Finally, the focus narrows down to follow age cohorts over their life course to assess how Slovenia’s dynamic times have affected people’s relative position in terms of their lifetime inflows and outflows.

Video of Jože Sambt's presentation on 02/27/19 at East-West Center:

 

Jože Sambt (Ph.D. University of Ljubljana, Faculty of Economics) is an Associate Professor of Economics at the University of Ljubljana in Ljubljana, Slovenia. He is currently a Visiting Scholar at the East-West Center. His research focuses on intergenerational transfers and the long‑term sustainability of public systems related to population ageing, including (micro) simulations of pension systems.

Since gaining independence in 1991, Slovenia has experienced major changes, including a transition from self‑management socialism to a democratic and pluralistic society with a capitalist market economy. At the same time, population is ageing very rapidly. This presentation discusses the results of an analysis using the National Transfer Accounts (NTA) methodology to show the changing age patterns of consumption and labor income over the 1983 to 2012 period. It also shows how the difference between consumption and labor income is financed through (private and public) transfers and the interaction with assets, i.e., ‘asset-based reallocations’. Finally, the focus narrows down to follow age cohorts over their life course to assess how Slovenia’s dynamic times have affected people’s relative position in terms of their lifetime inflows and outflows.

Video of Jože Sambt's presentation on 02/27/19 at East-West Center:

 

Jože Sambt (Ph.D. University of Ljubljana, Faculty of Economics) is an Associate Professor of Economics at the University of Ljubljana in Ljubljana, Slovenia. He is currently a Visiting Scholar at the East-West Center. His research focuses on intergenerational transfers and the long‑term sustainability of public systems related to population ageing, including (micro) simulations of pension systems.