This paper provides a short survey of the theoretical discussion on the equivalence between taxation and debt financing of public expenditures. It stresses that the key assumption in this debate concerns the behaviour of individuals towards their economic environment and public policy. Then, it...

This article compares savings behavior in a sample of seventeen OECD countries over twenty-four years. On the basis of an analysis of variance and of a life-cycle-hypothesis-based equation, the authors test the homogeneity of households' savings behavior. It appears that one cannot really speak...

Actuellement les personnes âgées vivent un véritable âge d’or relativement à un passé récent. Leurs revenus moyens sont à peine plus bas que ceux d’autres classes d’âge. Dans ce groupe d’âge, les inégalités de revenus sont faibles. C’est aux systèmes de retraite que l’on...