Reallocation of resources between generations and genders in the market and non-market economy. The case of Italy

J Econ Ageing. 2015 Apr:5:33-44. doi: 10.1016/j.jeoa.2014.09.003.

Abstract

In this article the National Transfer Accounts (NTA) method is used to develop a comprehensive account of resource reallocations between population members in Italy, encompassing the age and the gender perspective, the public and the familial institutional sectors as well as the market and non-market dimensions of the economy. The inclusion of the non-market economy, referring to household and care time, allows for an insight into the gender division of labour and the strength of intergenerational obligations in the Italian familistic welfare regime. Results highlight the existence of large flows of resources within the family both between genders and toward young generations, with men and women giving rise to considerable monetary and time transfers, respectively.

Keywords: Economic transfers; Gender; Household production; Intergenerational relationships; Time use.