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implications of using two alternative treatments or definitions of Overseas Filipino Workers' (OFW) remittances in the NTA. To … reflect official definitions in the Philippine System of National Accounts, the treatment of OFW remittances in the estimation …
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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...
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We use fifty years of the Panel Study of Income Dynamics to study the intergenerational correlation in income, consumption, and wealth to answer the question: is intergenerational mobility similar across the three resource measures? Absolute mobility is highest for consumption, followed by...
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We estimate intergenerational elasticities (IGE) of housing consumption and income in the US. Using surnames to link 1940 and 2015, we estimate a one-generation housing-consumption IGE of 0.73, higher than that of income at 0.52. Housing consumption IGE is higher for White compared to Black...
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intergenerationally transmitted to their offspring using the latest round of the Ghana Living Standards Survey. Findings indicate that … intergenerational linkages are important in Ghana; specifically, the results show a positive significant influence of parents … prestigious occupations in Ghana are more likely to be employed in similar occupations themselves. In order to bridge the gap in …
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