IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/13816_8.html
   My bibliography  Save this book chapter

Private transfers in comparative perspective

In: Population Aging and the Generational Economy

Author

Listed:
  • Ronald Lee
  • Gretchen Donehower

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

  • Ronald Lee & Gretchen Donehower, 2011. "Private transfers in comparative perspective," Chapters, in: Ronald Lee & Andrew Mason (ed.), Population Aging and the Generational Economy, chapter 8, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:13816_8
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/9781848448988.00015.xml
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Gary S. Becker & H. Gregg Lewis, 1974. "Interaction between Quantity and Quality of Children," NBER Chapters, in: Economics of the Family: Marriage, Children, and Human Capital, pages 81-90, National Bureau of Economic Research, Inc.
    2. Michael D. Hurd & James P. Smith & Julie Zissimopoulos, 2007. "Inter-vivos Giving Over the Lifecycle," Working Papers WR-524, RAND Corporation.
    3. Paul A. Samuelson, 1958. "An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money," Journal of Political Economy, University of Chicago Press, vol. 66(6), pages 467-467.
    4. Michael D. Hurd & James P. Smith & Julie Zissimopoulos, 2007. "Inter-vivos Giving Over the Lifecycle," Working Papers 524, RAND Corporation.
    5. Arrondel, Luc & Masson, Andre, 2006. "Altruism, exchange or indirect reciprocity: what do the data on family transfers show?," Handbook on the Economics of Giving, Reciprocity and Altruism, in: S. Kolm & Jean Mercier Ythier (ed.), Handbook of the Economics of Giving, Altruism and Reciprocity, edition 1, volume 1, chapter 14, pages 971-1053, Elsevier.
    6. Willis, Robert J, 1973. "A New Approach to the Economic Theory of Fertility Behavior," Journal of Political Economy, University of Chicago Press, vol. 81(2), pages 14-64, Part II, .
    7. Becker, Gary S & Murphy, Kevin M, 1988. "The Family and the State," Journal of Law and Economics, University of Chicago Press, vol. 31(1), pages 1-18, April.
    8. Ronald Lee & Andrew Mason (ed.), 2011. "Population Aging and the Generational Economy," Books, Edward Elgar Publishing, number 13816.
    9. Ronald D. Lee & Karen L. Kramer, 2002. "Children's Economic Roles in the Maya Family Life Cycle: Cain, Caldwell, and Chayanov Revisited," Population and Development Review, The Population Council, Inc., vol. 28(3), pages 475-499, September.
    10. Assaf Razin & Efraim Sadka, 1995. "Population Economics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262181606, December.
    11. Gary S. Becker & Robert J. Barro, 1988. "A Reformulation of the Economic Theory of Fertility," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 103(1), pages 1-25.
    12. John C. Caldwell, 2005. "On Net Intergenerational Wealth Flows: An Update," Population and Development Review, The Population Council, Inc., vol. 31(4), pages 721-740, December.
    13. World Bank, 2010. "World Development Indicators 2010," World Bank Publications - Books, The World Bank Group, number 4373.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Gál, Róbert I. & Szabó, Endre & Vargha, Lili, 2015. "The age-profile of invisible transfers: The true size of asymmetry in inter-age reallocations," The Journal of the Economics of Ageing, Elsevier, vol. 5(C), pages 98-104.
    2. Domonkos, Štefan & Domonkos, Tomáš & Jánošová, Miroslava, 2024. "The impact of ageing on economic dependency in Slovakia: An application of the Slovak national transfer accounts," The Journal of the Economics of Ageing, Elsevier, vol. 28(C).
    3. Lee, R., 2016. "Macroeconomics, Aging, and Growth," Handbook of the Economics of Population Aging, in: Piggott, John & Woodland, Alan (ed.), Handbook of the Economics of Population Aging, edition 1, volume 1, chapter 0, pages 59-118, Elsevier.
    4. Kelin, Ema & Istenič, Tanja & Sambt, Jože, 2023. "The role of educational attainment in production and transfers in the form of unpaid household work," The Journal of the Economics of Ageing, Elsevier, vol. 26(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lee, R., 2016. "Macroeconomics, Aging, and Growth," Handbook of the Economics of Population Aging, in: Piggott, John & Woodland, Alan (ed.), Handbook of the Economics of Population Aging, edition 1, volume 1, chapter 0, pages 59-118, Elsevier.
    2. Ronald Lee & Andrew Mason, 2011. "Theorectical aspects of National Transfer Accounts," Chapters, in: Ronald Lee & Andrew Mason (ed.), Population Aging and the Generational Economy, chapter 2, Edward Elgar Publishing.
    3. Filoso, Valerio & Papagni, Erasmo, 2015. "Fertility choice and financial development," European Journal of Political Economy, Elsevier, vol. 37(C), pages 160-177.
    4. Robinson, James A. & Srinivasan, T.N., 1997. "Long-term consequences of population growth: Technological change, natural resources, and the environment," Handbook of Population and Family Economics, in: M. R. Rosenzweig & Stark, O. (ed.), Handbook of Population and Family Economics, edition 1, volume 1, chapter 21, pages 1175-1298, Elsevier.
    5. Martin Werding & Sonja Munz & Vera Gács, 2008. "Fertility and prosperity : links between demography and economic growth," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 42, July.
    6. Pérez-Nievas, Mikel & Conde-Ruiz, José I. & Giménez, Eduardo L., 2019. "Efficiency and endogenous fertility," Theoretical Economics, Econometric Society, vol. 14(2), May.
    7. Oosthuizen, Morné J., 2015. "Bonus or mirage? South Africa’s demographic dividend," The Journal of the Economics of Ageing, Elsevier, vol. 5(C), pages 14-22.
    8. Andrew Mason & Naohiro Ogawa & Amontheo Chawla & Rikiya Matsukura, 2011. "Asset-based flows from a generational perspective," Chapters, in: Ronald Lee & Andrew Mason (ed.), Population Aging and the Generational Economy, chapter 9, Edward Elgar Publishing.
    9. Andrew Mason & Sang-Hyop Lee, 2012. "Population, wealth, and economicgrowth in Asia and the Pacific," Chapters, in: Donghyun Park & Sang-Hyop Lee & Andrew Mason (ed.), Aging, Economic Growth, and Old-Age Security in Asia, chapter 2, pages 32-82, Edward Elgar Publishing.
    10. Veloso, Fernando A., 2003. "A Competitive Growth Model with Endogenous Fertility," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 23(1), May.
    11. Schoonbroodt, Alice & Tertilt, Michèle, 2014. "Property rights and efficiency in OLG models with endogenous fertility," Journal of Economic Theory, Elsevier, vol. 150(C), pages 551-582.
    12. Thomas Baudin, 2011. "Family Policies: What Does the Standard Endogenous Fertility Model Tell Us?," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 13(4), pages 555-593, August.
    13. Mikhail Golosov & Larry E. Jones & Michèle Tertilt, 2007. "Efficiency with Endogenous Population Growth," Econometrica, Econometric Society, vol. 75(4), pages 1039-1071, July.
    14. Peter J. Stauvermann & Ronald R. Kumar, 2016. "Sustainability of A Pay-as-you-Go Pension System in A Small Open Economy with Ageing, Human Capital and Endogenous Fertility," Metroeconomica, Wiley Blackwell, vol. 67(1), pages 2-20, February.
    15. C. Simon Fan, 2004. "Child Labor and the Interaction between the Quantity and Quality of Children," Southern Economic Journal, John Wiley & Sons, vol. 71(1), pages 21-35, July.
    16. Alison L. Booth & Hiau Joo Kee, 2009. "Intergenerational Transmission of Fertility Patterns," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 71(2), pages 183-208, April.
    17. Oliveira, Jaqueline, 2016. "The value of children: Inter-generational support, fertility, and human capital," Journal of Development Economics, Elsevier, vol. 120(C), pages 1-16.
    18. George Hondroyiannis, 2010. "Fertility Determinants and Economic Uncertainty: An Assessment Using European Panel Data," Journal of Family and Economic Issues, Springer, vol. 31(1), pages 33-50, March.
    19. C. Simon Fan, 2004. "Child Labor and the Interaction between the Quantity and Quality of Children," Southern Economic Journal, Southern Economic Association, vol. 71(1), pages 21-35, July.
    20. Izabella Kuncz & Éva Berde, 2016. "Is the “Beckerian” quantity-quality tradeoff regarding the offspring always true? Analysis of NTA data," EcoMod2016 9590, EcoMod.

    More about this item

    Keywords

    Development Studies; Economics and Finance;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:13816_8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.