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Labor income over the lifecylce: an international comparison

In: Population Aging and the Generational Economy

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  • Sang-Hyop Lee
  • Naohiro Ogawa

Abstract

Over coming decades, changes in population age structure will have profound implications for the macroeconomy, influencing economic growth, generational equity, human capital, saving and investment, and the sustainability of public and private transfer systems. How the future unfolds will depend on key actors in the generational economy: governments, families, financial institutions, and others. This path-breaking book provides a comprehensive analysis of the macroeconomic effects of changes in population age structure across the globe.

Suggested Citation

  • Sang-Hyop Lee & Naohiro Ogawa, 2011. "Labor income over the lifecylce: an international comparison," Chapters, in: Ronald Lee & Andrew Mason (ed.), Population Aging and the Generational Economy, chapter 5, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:13816_5
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    References listed on IDEAS

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    Cited by:

    1. Gemma Abio & Concepció Patxot & Elisenda Rentería & Guadalupe Souto, 2017. "Intergenerational Transfers in Spain: The Role of Education," Hacienda Pública Española / Review of Public Economics, IEF, vol. 223(4), pages 101-130, December.
    2. d’Albis, Hippolyte & Bonnet, Carole & Navaux, Julien & Pelletan, Jacques & Toubon, Hector & Wolff, François-Charles, 2015. "The lifecycle deficit in France, 1979–2005," The Journal of the Economics of Ageing, Elsevier, vol. 5(C), pages 79-85.
    3. Miguel Sánchez-Romero, 2022. "Assessing the generational impact of COVID-19 using National Transfer Accounts (NTAs)," Vienna Yearbook of Population Research, Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna, vol. 20(1), pages 107-141.
    4. Yu, Miao & Meng, Bo & Li, Rong, 2022. "Analysis of China's urban household indirect carbon emissions drivers under the background of population aging," Structural Change and Economic Dynamics, Elsevier, vol. 60(C), pages 114-125.
    5. Sang-Hyop Lee & Andrew Mason, 2012. "The economic lifecycle and support systems in Asia," Chapters, in: Donghyun Park & Sang-Hyop Lee & Andrew Mason (ed.), Aging, Economic Growth, and Old-Age Security in Asia, chapter 5, pages 130-160, Edward Elgar Publishing.
    6. Haodong Qi, 2014. "Real wage and labor supply in a quasi life-cycle framework: a macro compression by Swedish National Transfer Accounts (1985-2003)," Vienna Yearbook of Population Research, Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna, vol. 12(1), pages 83-114.
    7. Mejía-Guevara, Iván, 2015. "Economic inequality and intergenerational transfers: Evidence from Mexico," The Journal of the Economics of Ageing, Elsevier, vol. 5(C), pages 23-32.

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