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Reallocation of Resources Across Age in a Comparative European Setting. WWWforEurope Working Paper No. 13

Author

Listed:
  • Bernhard Hammer
  • Alexia Prskawetz
  • Inga Freund

    (Vienna University of Technology)

Abstract

This analysis of the reallocation of resources across age is based on concepts and data from the National Transfer Accounts (NTA) project, as well as on data from income and time use surveys. We introduce the aggregate NTA life cycle deficit as a concept of an economic dependency ratio. This dependency measure allows for flexible age limits and age-specific levels of economic dependency. We then move beyond the current NTA methodology and study gender differences in the generation of income and extend our analysis by unpaid household work. We find large cross-country differences in the age- and gender-specific levels and type of production activities and consequently in the organisation of the resource reallocation across age. Our results clearly indicate that a reform of the welfare system needs to take into account not only public transfers but also private transfers, in particular the services produced within the households for own consumption (e.g., childcare, cooking, cleaning).

Suggested Citation

  • Bernhard Hammer & Alexia Prskawetz & Inga Freund, 2013. "Reallocation of Resources Across Age in a Comparative European Setting. WWWforEurope Working Paper No. 13," WIFO Studies, WIFO, number 46865.
    • Handle: RePEc:wfo:wstudy:46865
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    References listed on IDEAS

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    1. Bernhard Hammer & Alexia Prskawetz, 2013. "The public reallocation of resources across age: a comparison of Austria and Sweden," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 40(3), pages 541-560, August.
    2. Gimenez-Nadal, Jose Ignacio & Sevilla, Almudena, 2012. "Trends in time allocation: A cross-country analysis," European Economic Review, Elsevier, vol. 56(6), pages 1338-1359.
    3. Ronald Lee & Andrew Mason (ed.), 2011. "Population Aging and the Generational Economy," Books, Edward Elgar Publishing, number 13816.
    4. Andrew Mason & Ronald Lee & An-Chi Tung & Mun-Sim Lai & Tim Miller, 2009. "Population Aging and Intergenerational Transfers: Introducing Age into National Accounts," NBER Chapters, in: Developments in the Economics of Aging, pages 89-122, National Bureau of Economic Research, Inc.
    5. Veerle Miranda, 2011. "Cooking, Caring and Volunteering: Unpaid Work Around the World," OECD Social, Employment and Migration Working Papers 116, OECD Publishing.
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    Cited by:

    1. Morne Oosthuizen, 2018. "Counting Women's Work in South Africa: Estimates of Household Production across the Lifecycle in 2000," Working Papers cwwwp6, University of Cape Town, Development Policy Research Unit.
    2. Morne Oosthuizen & Kezia Lilenstein, 2018. "Counting Women’s Work in Mauritius: Household Production across the Lifecycle in 2003," Working Papers cwwwp7, University of Cape Town, Development Policy Research Unit.

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