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Changes in patterns of Philippine lifecycle consumption and labor income between 1994 and 2002

In: Population Aging and the Generational Economy

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  • Rachel H. Racelis
  • J. M. Ian Salas

Abstract

Over coming decades, changes in population age structure will have profound implications for the macroeconomy, influencing economic growth, generational equity, human capital, saving and investment, and the sustainability of public and private transfer systems. How the future unfolds will depend on key actors in the generational economy: governments, families, financial institutions, and others. This path-breaking book provides a comprehensive analysis of the macroeconomic effects of changes in population age structure across the globe.

Suggested Citation

  • Rachel H. Racelis & J. M. Ian Salas, 2011. "Changes in patterns of Philippine lifecycle consumption and labor income between 1994 and 2002," Chapters, in: Ronald Lee & Andrew Mason (ed.), Population Aging and the Generational Economy, chapter 18, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:13816_18
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    File URL: https://www.elgaronline.com/view/9781848448988.00028.xml
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    References listed on IDEAS

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    1. Jose Encarnacion, Jr., 1977. "Income Distribution in Manila, Luzon, the Visayas and Mindanao," UP School of Economics Discussion Papers 197707, University of the Philippines School of Economics.
    2. Michael M. Alba, 1998. "Measuring the Extent and Components of the Gender Wage Differential in the Philippines," UP School of Economics Discussion Papers 199801, University of the Philippines School of Economics.
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    Cited by:

    1. Salas, J.M. Ian S. & Abrigo, Michael Ralph M. & Racelis, Rachel H., 2012. "Philippines 2007 National Transfer Accounts: Financing Consumption and Lifecycle Deficit by Income Group," Discussion Papers DP 2012-33, Philippine Institute for Development Studies.
    2. Salas, J.M. Ian S. & Abrigo, Michael Ralph M. & Racelis, Rachel H., 2012. "Philippines 2007 National Transfer Accounts: Consumption, Labor Income, and Lifecycle Deficit by Income Group," Discussion Papers DP 2012-32, Philippine Institute for Development Studies.
    3. Abrigo, Michael R.M. & Racelis, Rachel H. & Salas, J.M. Ian & Herrin, Alejandro N., 2016. "Decomposing economic gains from population age structure transition in the Philippines," The Journal of the Economics of Ageing, Elsevier, vol. 8(C), pages 19-27.

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    1. J.M Ian S. Salas & Rachel H. Racelis, 2008. "Consumption, Income, and Intergenerational Reallocation of Resources : Application of NTA in the Philippines, 1999," Development Economics Working Papers 22695, East Asian Bureau of Economic Research.
    2. Salas, J.M. Ian S. & Racelis, Rachel H., 2008. "Have Lifecycle Consumption and Income Patterns in the Philippines Changed between 1994 and 2002?," Discussion Papers DP 2008-11, Philippine Institute for Development Studies.

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    Keywords

    Development Studies; Economics and Finance;

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