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This paper describes the revised national level estimates of the 2007 Philippines NTA. The differences between the previous and the revised 2007 Philippines NTA Flow Accounts estimates are due to the change in the treatment of overseas Filipino workers` (OFW) remittances: treated as...
Persistent link: https://www.econbiz.de/10009769375
The NTA flow accounts for the Philippines for the year 2007 include not only national level estimates but also estimates by income group. Three income groups are defined, referred to as income terciles. This paper compares age profiles of consumption and labor income across income groups. The...
Persistent link: https://www.econbiz.de/10009769380
Philippine population is projected to grow from about 88 million in 2007 to 142 million in 2040. The projected increase in population size will be accompanied by change in the age structure: increase in the percentages of elderly and working-age populations and decrease in the percentage of...
Persistent link: https://www.econbiz.de/10009769382
The 2007 NTA for the Philippines provides more recent information about which population age groups incur lifecycle deficit, the sizes of the aggregate deficits, and how consumption is financed for the different age groups. It also provides age profiles for consumption and labor income (and...
Persistent link: https://www.econbiz.de/10009769383
Selected components of the NTA flow accounts were estimated for the Philippines for the years 1991, 1999, and 2011 by urban-rural residence and by income group. Three income groups are defined, referred to as income terciles, and thus estimates were produced for a total of six groups - three...
Persistent link: https://www.econbiz.de/10011536408
A recent Philippine study examined economic gain from age structure transition at the national level by using economic support ratios and National Transfer Accounts estimates for the years 1991, 1999, and 2011. The study showed that the Philippines has steadily been experiencing demographic...
Persistent link: https://www.econbiz.de/10011562697
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...
Persistent link: https://www.econbiz.de/10011447353
Persistent link: https://www.econbiz.de/10001896819
The Philippines is slowly ageing. In a little over a decade, the country’s elderly will comprise at least seven percent of the total population. This rising tide may pose some substantial burden to the country's resources. But the same economic and demographic forces that will eventually lead...
Persistent link: https://www.econbiz.de/10011994249