Jorge Bravo and Mauricio Holz. Inter-age transfers in Chile 1997: economic significance.
Introduction: Of particular interest to this paper is to enquire about the role of the different mechanism whereby the population is able to satisfy its consumption needs over the different stages of the lifecycle. The paper explores the extent of economic dependency in different age groups, the means of financing their consumption, and some of the effects that inter-age resource reallocations have on the living conditions of the different generations of the Chilean population. The analysis is based on new estimates, the first available to date, of Chilean national transfer accounts (NTAs). As we will see in the following sections, these accounts allow for a systematic and rather detailed examination of some important aspects of the economic lifecycle.