NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Publications by Mun-Sim Lai

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Working Papers and Chapters

March 2009Population Aging and Intergenerational Transfers: Introducing Age into National Accounts
with Andrew Mason, Ronald Lee, An-Chi Tung, Tim Miller
in Developments in the Economics of Aging, David A. Wise, editor
December 2006Population Aging and Intergenerational Transfers: Introducing Age into National Accounts
with Andrew Mason, Ronald Lee, An-Chi Tung, Tim Miller: w12770
In all societies intergenerational transfers are large and have an important influence on inequality and growth. The development of each generation of youth depends on the resources that it receives from productive members of society for health, education, and sustenance. The well-being of the elderly depends on familial support and a variety of social programs. The National Transfer Accounts (NTA) system provides a comprehensive approach to measuring all reallocations of income across age and time at the aggregate level. It encompasses reallocations achieved through capital accumulation and transfers, distinguishing those mediated by public institutions from those relying on private institutions. This paper introduces the methodology and presents preliminary results emphasizing economic s...

Contact and additional information for this authorAll papers and publicationsWorking Papers onlyWorking Papers with publication info

 
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