This is a collection of papers by scholars whose research concerns economic transfers between generations, focusing on intergenerational features of the macroeconomy, the role of the state as a provider of economic security for the elderly and the intergenerational behaviour of the family.

1. Introduction ; PART I: INTERGENERATIONAL ACCOUNTING ; 2. Intergenerational Transfers and the Economic Life Cycle: A Cross-cultural Perspective ; 3. Dynasties, Intergenerational Transfers, and Life-cycle Income: A Case Study of Taiwan ; 4. Demographic Change, Generational Accounts, and National Saving in the United States ; PART II: GOVERNMENT-FUNDED PENSION PROGRAMMES ; 5. On the Rate of Return of Unfunded Pension Systems ; 6. Moving Social Security towards Fully Funded Schemes: Who Pays the Cost? ; 7. The Political Economy of Two Chilean Pension Systems ; 8. Pensions and Generational Histories in a Simple Demo-economic Model: The Case of France ; 9. Demographic Uncertainty and the OASDI Trust Funds of the United States ; PART III: THE FAMILY AND INTERGENERATIONAL TRANSFERS ; 10. Financial Intermediation, Transfers, and Commitment: Do Banks Crowd Out Private Insurance Arrangements in Low-Income Rural Areas ; 11. Self-enforcing Family Constitutions: Implications for Saving, Fertility, and Social Security ; 12. Wealth Accumulation, Fertility, and Transfers to Elderly Household Heads in Peru ; 13. Support between Rural Parents and Migrant Children in a Rapidly Industrializing Society: South Korea ; 14. The Effects of Income and Wealth on Time and Money Transfers between Parents and Children ; 15. Housing Inheritance: An Empirical Analysis of French Data

Investigates the implications of a rapidly ageing population for pension schemes The most comprehensive treatment of intergenerational accounts Presents new evidence on family transfers that challenges prevailing theories

Andrew Mason is Professor of Economics at the University of Hawaii at Manoa and Senior Fellow and former Director of the Program on Population at the East-West Center. He has served on advisory committees and as a consultant to the World Bank, the Asian Development Bank, the US National Academy of Sciences, the US Agency for International Development, and the United Nations. Georges Tapinos is Professor of Economics at the Institut d'Etudes Politiques, Paris, and a former General Secretary of IUSSP.

Investigates the implications of a rapidly ageing population for pension schemes The most comprehensive treatment of intergenerational accounts Presents new evidence on family transfers that challenges prevailing theories