For this three year long study, financed by the Joint Programming Initiative “MORE YEARS,BETTER LIVES”, the Collegio Carlo Alberto (leading partner) is teaming up with the Universidad de Alcalá (Spain) and the Centre for Social Policy – University of Antwerp (Belgium). The study started in January 2017 and will last 3 years.
CeRP fellows Riccardo Calcagno, Flavia Coda Moscarola and Francesco Figari are members of the CCA research team. Elsa Fornero will be senior advisor of the project.
The aim of CIRCLE is to provide new empirical evidence of the impact of the interaction between the economic and demographic changes and the welfare systems on the distribution of the resources, rights and responsibilities between generations. In many EU countries welfare provisions addressed to older people are pay as you go financed and fast population ageing boosts redistribution from the young to the old. However compensatory mechanisms redistributing resources from the old to the young, are often implemented at intra-household level, mainly through inter-vivos transfers and informal care provisions. The analysis takes both redistributive flows into account and covers a variety of EU welfare state models, giving a strong base for generalizing the results and deriving useful policy implications.