In this paper we propose a way to measure the degree of government intervention on forward –from parents to children– and backward –from adult children to elderly parents– intergenerational family transfers (IFT). We carry out a discussion about the possibility of using Generational...

This paper investigates the role of recent pension reforms for the development of the social security system and economic growth in Austria. We use a computable general equilibrium model that is built up of overlapping generations that differ by their household structure, longevity, educational...

Inter- and intra-family transfers are a very important part of our daily economic activity. These transfers, whether familial or public, may influence our economic decisions to the same extent that financial markets do. In this paper, we seek to understand how the Spanish stock of capital will...

In Japan due to the rapid population aging and its large financial pressure on pay-as-you-go retirement systems, the economic impact of bequest wealth has been drawing a tremendous amount of attention. Despite that, there are neither official statistics on bequest for the whole population, nor...

This paper seeks to quantify all public and private interage monetary flows in Germany applying the National Transfer Account method. Germany's lifecycle deficit is shaped by long periods spent in education, early retirement, and low labor force participation rates among the older work force,...

This study proposes a new decomposition method which permits a difference in an aggregate measure at a final time point to be split into additive components corresponding to the initial differences in the event-rates of the measure and differences in trends in these underlying event-rates. The...

At the 70th 'anniversary' of Münzer’s death, ancient history ‘celebrates’ a more than twice long history of debate on population matters in the Roman Republic and early Empire. More than 170 years of discussion have hitherto not led to any conclusive answer on the basic question against...