IDEAS home Printed from https://ideas.repec.org/a/eee/joecag/v26y2023ics2212828x23000403.html
   My bibliography  Save this article

A distributive analysis using Peru’s National Transfer Accounts

Author

Listed:
  • Olivera, Javier

Abstract

National Transfer Accounts (NTAs) provide insights into the effects of ageing on various forms of intergenerational transfers. When these accounts are disaggregated by socioeconomic status (SES) and calculated for at least two different time periods, they offer a powerful tool for understanding changes in economic inequality across age groups and over time. This paper illustrates the application of some standard distributional analysis tools using NTAs, specifically focusing on the case of Peru for 2007 and 2019. The main findings suggest that younger individuals have been the relative “winners” from Peru’s sustained economic growth over the past two decades. Additionally, the equalizing power of tertiary education has increased during this period, i.e., a greater prevalence of tertiary education reduces inequality. However, a concerning observation is the deterioration of living conditions among older and less educated individuals.

Suggested Citation

  • Olivera, Javier, 2023. "A distributive analysis using Peru’s National Transfer Accounts," The Journal of the Economics of Ageing, Elsevier, vol. 26(C).
  • Handle: RePEc:eee:joecag:v:26:y:2023:i:c:s2212828x23000403
    DOI: 10.1016/j.jeoa.2023.100480
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S2212828X23000403
    Download Restriction: no

    File URL: https://libkey.io/10.1016/j.jeoa.2023.100480?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Bernal, Noelia & Carpio, Miguel A. & Klein, Tobias J., 2017. "The effects of access to health insurance: Evidence from a regression discontinuity design in Peru," Journal of Public Economics, Elsevier, vol. 154(C), pages 122-136.
    2. Jorge Tovar & B. Urdinola, 2014. "Inequality in National Inter-Generational Transfers: Evidence from Colombia," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 20(2), pages 167-187, May.
    3. Benavides, Martín & León, Juan & Haag, Frida & Cueva, Selene, 2015. "Expansión y diversificación de la educación superior universitaria, y su relación con la desigualdad y la segregación," Documentos de Investigación dt78, Grupo de Análisis para el Desarrollo (GRADE).
    4. Olivera Angulo, Javier, 2014. "El déficit del ciclo de vida en el Perú. Una estimación basada en el sistema de cuentas nacionales de transferencias," Notas de Población, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), July.
    5. James B. Davies & Nicole M. Fortin & Thomas Lemieux, 2017. "Wealth inequality: Theory, measurement and decomposition," Canadian Journal of Economics, Canadian Economics Association, vol. 50(5), pages 1224-1261, December.
    6. Chung Choe & Philippe Van Kerm, 2018. "Foreign Workers and the Wage Distribution: What Does the Influence Function Reveal?," Econometrics, MDPI, vol. 6(3), pages 1-26, September.
    7. Alan Sánchez & Marta Favara & Catherine Porter, 2021. "Stratification of returns to higher education in Peru: the role of education quality and major choices," Working Papers 180, Peruvian Economic Association.
    8. Sergio Firpo & Nicole M. Fortin & Thomas Lemieux, 2009. "Unconditional Quantile Regressions," Econometrica, Econometric Society, vol. 77(3), pages 953-973, May.
    9. Shorrocks, A F, 1980. "The Class of Additively Decomposable Inequality Measures," Econometrica, Econometric Society, vol. 48(3), pages 613-625, April.
    10. Alan J. Auerbach & Jagadeesh Gokhale & Laurence J. Kotlikoff, 1991. "Generational Accounts: A Meaningful Alternative to Deficit Accounting," NBER Chapters, in: Tax Policy and the Economy, Volume 5, pages 55-110, National Bureau of Economic Research, Inc.
    11. Deaton, Angus, 1985. "Panel data from time series of cross-sections," Journal of Econometrics, Elsevier, vol. 30(1-2), pages 109-126.
    12. Ram, Rati, 1990. "Educational Expansion and Schooling Inequality: International Evidence and Some Implications," The Review of Economics and Statistics, MIT Press, vol. 72(2), pages 266-274, May.
    13. Olivera, Javier & Andreoli, Francesco & Leist, Anja K. & Chauvel, Louis, 2018. "Inequality in old age cognition across the world," Economics & Human Biology, Elsevier, vol. 29(C), pages 179-188.
    14. Donaldson, David & Weymark, John A., 1980. "A single-parameter generalization of the Gini indices of inequality," Journal of Economic Theory, Elsevier, vol. 22(1), pages 67-86, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Carlos Gradín, 2018. "Quantifying the contribution of a subpopulation to inequality: An application to Mozambique," WIDER Working Paper Series 60, World Institute for Development Economic Research (UNU-WIDER).
    2. Bernal, Noelia & Olivera, Javier, 2020. "Choice of pension management fees and effects on pension wealth," Journal of Economic Behavior & Organization, Elsevier, vol. 176(C), pages 539-568.
    3. Carlos Gradín, 2020. "Quantifying the contribution of a subpopulation to inequality an application to Mozambique," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 18(3), pages 391-419, September.
    4. Guido Erreygers & Roselinde Kessels, 2017. "Socioeconomic Status and Health: A New Approach to the Measurement of Bivariate Inequality," IJERPH, MDPI, vol. 14(7), pages 1-23, June.
    5. Guido Erreygers & Roselinde Kessels & Linkun Chen & Philip Clarke, 2016. "Decomposing Socioeconomic Inequality of Health," EcoMod2016 9574, EcoMod.
    6. Stéphane Mussard & Pauline Mornet, 2019. "A Note on α‐Gini Measures," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 65(3), pages 675-682, September.
    7. Schneck, Stefan, 2018. "The effect of self-employment on income inequality," Working Papers 05/18, Institut für Mittelstandsforschung (IfM) Bonn.
    8. Camacho Cuena, Eva & Neugebauer, Tibor & Seidl, Christian, 2005. "Compensating justice beats leaky buckets: an experimental investigation," Economics Working Papers 2005-06, Christian-Albrechts-University of Kiel, Department of Economics.
    9. Sorger, Gerhard & Stark, Oded, 2013. "Income redistribution going awry: The reversal power of the concern for relative deprivation," Journal of Economic Behavior & Organization, Elsevier, vol. 86(C), pages 1-9.
    10. Michał Brzeziński & Katarzyna Sałach, 2020. "Why wealth inequality differs between post-socialist countries?," Working Papers 2020-14, Faculty of Economic Sciences, University of Warsaw.
    11. Eva Camacho-Cuena & Tibor Neugebauer & Christian Seidl, 2007. "Leaky Buckets Versus Compensating Justice: An Experimental Investigation," Working Papers 74, ECINEQ, Society for the Study of Economic Inequality.
    12. Anthony Shorrocks & Daniel Slottje, 2002. "Approximating unanimity orderings: An application to Lorenz dominance," Journal of Economics, Springer, vol. 9(1), pages 91-117, December.
    13. Roselinde Kessels & Guido Erreygers, 2019. "A direct regression approach to decomposing socioeconomic inequality of health," Health Economics, John Wiley & Sons, Ltd., vol. 28(7), pages 884-905, July.
    14. Javier Alejo & Gabriel Montes-Rojas & Walter Sosa-Escudero, 2023. "RIF regression via sensitivity curves," Statistical Methods & Applications, Springer;Società Italiana di Statistica, vol. 32(1), pages 329-345, March.
    15. SOLOGON Denisa & ALMEIDA Vanda & VAN KERM Philippe, 2019. "Accounting for the distributional effects of the 2007-2008 crisis and the Economic Adjustment Program in Portugal," LISER Working Paper Series 2019-05, Luxembourg Institute of Socio-Economic Research (LISER).
    16. Javier Olivera, 2023. "Ageing Unequally in Latin America," LISER Working Paper Series 2023-07, Luxembourg Institute of Socio-Economic Research (LISER).
    17. Javier Olivera & Yadiraah Iparraguirre, 2022. "Gender gap in pension savings: Evidence from Peru’s individual capitalization system∗," Documentos de Trabajo / Working Papers 2022-513, Departamento de Economía - Pontificia Universidad Católica del Perú.
    18. Jabłoński Łukasz, 2019. "Inequality in Economics: The Concept, Perception, Types, and Driving Forces," Journal of Management and Business Administration. Central Europe, Sciendo, vol. 27(1), pages 17-43, March.
    19. Mariateresa Ciommi & Chiara Gigliarano & Giovanni Maria Giorgi, 2019. "Bonferroni And De Vergottini Are Back: New Subgroup Decompositions And Bipolarization Measures," Working Papers 439, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    20. Foster, James E. & Shneyerov, Artyom A., 2000. "Path Independent Inequality Measures," Journal of Economic Theory, Elsevier, vol. 91(2), pages 199-222, April.

    More about this item

    Keywords

    Peru; NTA; Inequality; RIF regressions; Old age;
    All these keywords.

    JEL classification:

    • I24 - Health, Education, and Welfare - - Education - - - Education and Inequality
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:joecag:v:26:y:2023:i:c:s2212828x23000403. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/the-journal-of-the-economics-of-ageing .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.