The generational economy

Economic activities of individuals are closely related to their demographic characteristics such as age, gender and parental status. For example, in European countries, labour income is generated mainly by the population from age 20 to about age 60. Despite their low labour income, persons below age 20 and older than 60 are characterised by high consumption levels, with… Read More »

The gender dimension of intergenerational transfers in Europe

Men and women differ considerably in their roles as providers and recipients of intergenerational transfers. Because of their higher income, men finance a higher share of public transfers to the elderly generation and of the consumption needs of children. In contrast, women carry out more unpaid work for children and other household members. The lower contributions to the… Read More »

Children and subjective economic wellbeing: poster award for Sonja Spitzer

For her poster entitled “The Subjective Cost of Young Children: A European Comparison”, Sonja Spitzer received a best poster award at the Population Association of America Annual Meeting 2019. Her research shows that newborns decrease the subjective economic wellbeing of households. The drop is mainly caused by increased expenses due to the birth of a child (direct costs),… Read More »