This paper investigates how and to what extent disparities in family socio-economic status (SES) during childhood have long-lasting effects on old-age health, income and cognition. Further, it examines the variability of these effects across 11 European countries using the Survey on Health,...

Households and social policies both serve as vehicles of lifecycle financing through intergenerational transfers, with working-age people as net contributors and children and the elderly as beneficiaries. However, there is a marked socialization asymmetry. Working-age people pay taxes and social...