Aim/purpose - The benefit of changing the population age structure only accrues to an economy if the labor market absorbs the increasing number of the working population at a given labor income that surpasses the prevailing consumption of that age group. However, the prevailing conditions in...

This paper develops for the first time the National Transfers Accounts for Colombia. It estimates the age profiles for all income and expenses in the economy flowing from the government to households and vice versa, as well as flows within and across households. The methodology allows us to...

Future older generations will have increasingly better health and are likely to work longer. It is now widely recognised that the socio-economic changes that ageing societies will bring about are poorly captured by the traditional demographic dependency ratios (DDRs), such as the old-age...

In Canada, immigration constitutes the primary response to population ageing. While extensive research has covered the impact of immigration on various aspects of the labour supply, the financial aspect has received less attention. In this study, we apply the National Transfer Account (NTA)...

This paper has two parts. The first part presents and discusses the 2011 Philippine National Transfer Accounts (NTA) estimates for selected flow accounts components, the most recent estimates available for the country, and compares the 2011 to the 1991 and 1999 estimates. The second part, also...

This paper studies the effect of population ageing on the inter- and intra-generational redistribution of income from a longitudinal perspective, comparing lifetime measures of income and transfers by generation, gender, education and family characteristics. For this end, we incorporate new...