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Inequality in National Inter-Generational Transfers: Evidence from Colombia

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Public transfers are designed with the idea of reducing poverty and inequality among specific population groups. The National Transfers Account methodology suggests the use of household head education (HHE) as a poverty proxy in the construction of profiles by socio-economic status. Considering the higher levels of inequality in developing countries, we construct and check inequality and intergenerational transfers using an alternative measure based on variables not endogenous to the underlying idea of intergenerational transfers: a Multidimensional Quality of Life Index (MQLI). We apply the methodology to a developing country, Colombia, and show that inequality and disparities in intergenerational transfers are best understood when using the MQLI. Copyright International Atlantic Economic Society 2014

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  • 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.
  • Handle: RePEc:kap:iaecre:v:20:y:2014:i:2:p:167-187:10.1007/s11294-013-9455-7
    DOI: 10.1007/s11294-013-9455-7
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    2. Alexia Prskawetz & Bernhard Hammer, 2018. "Does education matter? – economic dependency ratios by education," Vienna Yearbook of Population Research, Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna, vol. 16(1), pages 111-134.
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    More about this item

    Keywords

    Demographic economics; Intergenerational mobility; Poverty and inequality; J1; J62; D63;
    All these keywords.

    JEL classification:

    • J1 - Labor and Demographic Economics - - Demographic Economics
    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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