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- Title
A láthatatlan transzferek korprofilja: Az aszimmetria valÃdi mértéke a korosztályok kÃzÃtti erÅ'forrásátcsoportosÃtás rendszerében.
- Authors
IVÁN, GÁL RÓBERT; ENDRE, SZABÓ; LILI, VARGHA
- Abstract
The authors argue for a difference in the institutional composition of funding consumption in the two dependent sections of the life cycle: childhood and old age. Children are raised by parents; the elderly rely on society. Since reallocations of resources within and between households are not registered in the national accounts, most of the resources transferred to children are not visible, whereas resources flowing to the elderly show almost completely in public statistics. The analysis applies a recent extension of the national accounts - National Transfer Accounts - which includes private transfers, and a further, experimental extension - National Time-Transfer Accounts - which quantifies the value of time transferred among household members as unpaid household labour. It appears that less than one-third of the full transfer package to children is registered in the national accounts and around another one-third is made visible by National Transfer Accounts. The remaining third, the value of parents caring for their children, is revealed by National Time Transfer Accounts. The corresponding shares in funding old age are different: 90 per cent appear in public statistics and the two accounting extensions reveal only a little less than 10 per cent. (The paper first appeared in the Journal of the Economics of Ageing.)
- Publication
Economic Review / Kozgazdasagi Szemle, 2015, Vol 62, p621
- ISSN
0023-4346
- Publication type
Article