ABSTRACT
In this chapter, authors provide national accounts by age for economic flows of consumption and labor income using the National Transfer Accounts (NTA) methodology. We analyze the new data set we developed for Canada for the year 2011 and we compare the age profiles with the ones reported in France the same year. NTA per capita age profiles suggest that per capita age profiles of labor income are remarkably similar in the two countries. Moreover, age profiles evidence that public expenditures are higher at old ages in Canada than in France, but that France’s public expenditure exceeds Canada’s public expenditure during the working life. Moreover, NTA age profiles show that private consumption is much higher in Canada than in France with a remarkably constant ratio at each age. Consequently, current behavior with respect to private consumption may well be challenged in the following years in the context of population ageing.
