Researchers from the Taub Center represented Israel at the NTA conference in Paris

The Taub Center, Israel’s official representative to the NTA project (National Transfer Accounts), sent researchers Prof Alex Weinreb and Kyrill Shraberman to the NTA 14th International Conference held in Paris. The conference centered on intergenerational economics and was attended by, among others, economists, demographers, and senior government officials from a large number of countries. Mr. Shraberman and Prof. Weinreb presented economic data about Israel and talked about, among other things, balancing between taxes and expenditures. The data that were presented showed that in comparison to other counties, Israelis enter the labor market a little later and leave much later (which is advantageous for the pension system in Israel). They also noted that the patterns of intergenerational transfers in Israel are different from those in other developed countries to a large extent, which is reflected in, for example, the amount of support received by young Israelis from the older generation relative to what is seen in other countries.