In this paper we propose a way to measure the degree of government intervention on forward –from parents to children– and backward –from adult children to elderly parents– intergenerational family transfers (IFT). We carry out a discussion about the possibility of using Generational...

In Japan due to the rapid population aging and its large financial pressure on pay-as-you-go retirement systems, the economic impact of bequest wealth has been drawing a tremendous amount of attention. Despite that, there are neither official statistics on bequest for the whole population, nor...

Inter- and intra-family transfers are a very important part of our daily economic activity. These transfers, whether familial or public, may influence our economic decisions to the same extent that financial markets do. In this paper, we seek to understand how the Spanish stock of capital will...

This paper investigates the role of recent pension reforms for the development of the social security system and economic growth in Austria. We use a computable general equilibrium model that is built up of overlapping generations that differ by their household structure, longevity, educational...

The aim of this paper is to study the impact on economic growth of public pension systems, both funded and unfunded, under different demographic scenarios with a competitive economy and a fixed labor supply. An OLG growth model is used with realistic demography, in which each individual can be...

Demographic behaviour is shaped not only by characteristics at the individual level, but also by the context in which individuals are embedded. The Contextual Database of the Generations and Gender Programme (GGP) supports research on these micro-macro links by providing cross-country...