Differences in the economic lifecycle between countries at different levels of development suggest that there may be differences between sub-populations within countries, particularly where the sub-populations have different levels of income. Given stark inequalities by race in South Africa,...

Differences in the economic lifecycle between countries at different levels of development suggest that there may be differences between sub-populations within countries, particularly where the sub-populations have different levels of income. Given stark inequalities by race in South Africa,...

A countrys population consists of persons at different ages and stages of their economic lifecycle. Those in the population that are incurring lifecycle deficits would not be able to sufficiently support themselves, while those generating surpluses would have more than they require. Resources...

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 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...

Although many governments in developing countries profess redistributive aims, and although standard efficiency arguments suggests that cash transfers are the best way of accomplishing such aims, direct cash transfers to the poor are rare. In this paper we examine a counter example, the "social...

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...