Public transfer programs in industrial countries are thought to benefit the elderly through pension and health care programs at the expense of the young and future generations. This intergenerational picture changes, however, if public education is also considered as a transfer program. We...

This article examines the relationship between household demographic pressure and interage transfers for a group of Maya subsistence agriculturists in Yucatán, Mexico. The authors use data from a field study conducted in 1992-93 on individual time allocation, relative productivity by age and...

According to a report recently issued by the Technical Panel for the US Social Security Administration, the long-term financial outlook for the system is worse than previously thought. The worsening projected by the panel in the long-run funding imbalance of the Social Security System is mostly...