Intergenerational Resource Transfers as the Cement of Society: The Asymmetric Role of Families and Policies

Forthcoming, International Handbook of Family Policy: A Life-Course Perspective. Daly, M., Birgit Pfau-Effinger, B., Gilbert, N. & Besharov, D. (eds.), Oxford: Oxford University Press, 2021

16 Pages Posted: 18 Feb 2021

See all articles by Pieter Vanhuysse

Pieter Vanhuysse

University of Southern Denmark

Robert I. Gal

Hungarian Central Statistical Office (HCSO) - Hungarian Demographic Research Institute (HDRI)

Date Written: December 8, 2020

Abstract

European societies transfer more per capita resources to children than to the elderly, once we go beyond mere public transfer data and also take into account intra-household private transfers by families. Mostly, these are resources parents spend on buying goods and services for their children, and, especially, the value of the time spent caring, rearing, and producing various household public goods. The size of net transfers given in active age in both directions is much higher once the value of private transfers and time transfers is incorporated. When thinking about what societies do (or do not) do in terms of inter-age transfers, we need a different statistical system that incorporates these intra-familial relations, as public transfer data alone offer a highly incomplete picture of what contemporary societies accomplish in terms of intergenerational transfers. Why, indeed, do we observe so little social policy for young families?

Suggested Citation

Vanhuysse, Pieter and Gal, Robert I., Intergenerational Resource Transfers as the Cement of Society: The Asymmetric Role of Families and Policies (December 8, 2020). Forthcoming, International Handbook of Family Policy: A Life-Course Perspective. Daly, M., Birgit Pfau-Effinger, B., Gilbert, N. & Besharov, D. (eds.), Oxford: Oxford University Press, 2021, Available at SSRN: https://ssrn.com/abstract=3744963

Pieter Vanhuysse (Contact Author)

University of Southern Denmark ( email )

Campusvej 55
DK 5230 Odense
Denmark

Robert I. Gal

Hungarian Central Statistical Office (HCSO) - Hungarian Demographic Research Institute (HDRI) ( email )

H-1024
Buday László utca 1-3
Budapest
Hungary

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