Transfer accounts in Costa Rica’s mixed economy under rapidly changing demographic conditions
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Date
2011Author
Rosero Bixby, Luis
Zúñiga Brenes, Paola
Collado Chaves, Andrea
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In Costa Rica government transfers to the elderly population are exceptionally
high in per capita terms. In contrast, net transfers from adult children
to elderly parents are negligible until the parents reach very advanced
ages. Intragenerational reallocations are also a surprisingly large source
of funding of consumption at old ages. The narrow age span with a labor
income surplus, combined with the early age (55 years) at which Costa
Ricans start having a labor income defi cit, is another peculiarity of this
country.
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