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Lifecycles, support systems, and generational flows: patterns and change

In: Population Aging and the Generational Economy

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  • Ronald Lee
  • Andrew Mason

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

  • Ronald Lee & Andrew Mason, 2011. "Lifecycles, support systems, and generational flows: patterns and change," Chapters, in: Ronald Lee & Andrew Mason (ed.), Population Aging and the Generational Economy, chapter 4, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:13816_4
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    File URL: https://www.elgaronline.com/view/9781848448988.00010.xml
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    References listed on IDEAS

    as
    1. Robert L. Clark & Naohiro Ogawa & Andrew Mason (ed.), 2007. "Population Aging, Intergenerational Transfers and the Macroeconomy," Books, Edward Elgar Publishing, number 12608.
    2. Barro, Robert J, 1974. "Are Government Bonds Net Wealth?," Journal of Political Economy, University of Chicago Press, vol. 82(6), pages 1095-1117, Nov.-Dec..
    3. Paul A. Samuelson, 1958. "An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money," Journal of Political Economy, University of Chicago Press, vol. 66, pages 467-467.
    4. Antoine Bommier & Ronald Lee & Tim Miller & Stéphane Zuber, 2010. "Who Wins and Who Loses? Public Transfer Accounts for US Generations Born 1850 to 2090," Population and Development Review, The Population Council, Inc., vol. 36(1), pages 1-26, March.
    5. Ronald Lee & Andrew Mason (ed.), 2011. "Population Aging and the Generational Economy," Books, Edward Elgar Publishing, number 13816.
    6. André Masson, 2007. "Economics of the Intergenerational Debate: Normative, Accounting and Political Viewpoints," Post-Print halshs-00754756, HAL.
    7. Antoine Bommier & Ronald D. Lee, 2003. "Overlapping generations models with realistic demography," Journal of Population Economics, Springer;European Society for Population Economics, vol. 16(1), pages 135-160, February.
    8. World Bank, 2010. "World Development Indicators 2010," World Bank Publications - Books, The World Bank Group, number 4373.
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    Citations

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    Cited by:

    1. Wang, Feng & Shen, Ke & Cai, Yong, 2019. "Expansion of public transfers in China: Who are the beneficiaries?," The Journal of the Economics of Ageing, Elsevier, vol. 14(C).
    2. Gál, Róbert I. & Szabó, Endre & Vargha, Lili, 2015. "The age-profile of invisible transfers: The true size of asymmetry in inter-age reallocations," The Journal of the Economics of Ageing, Elsevier, vol. 5(C), pages 98-104.
    3. Lili Vargha & Róbert Iván Gál & Michelle O. Crosby-Nagy, 2017. "Household production and consumption over the life cycle: National Time Transfer Accounts in 14 European countries," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 36(32), pages 905-944.

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