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National Transfer Accounts

National Transfer Accounts (NTA) is an accounting system for measuring intergenerational transfers at the aggregate level in a manner consistent with National Income and Product Accounts. NTA provides estimates of economic flows across age groups that arise primarily because children and the elderly consume more than they produce relying on reallocations from the working ages. NTA accounts distinguish the forms of these flows: as the accumulation of capital, as transfers, and as credit transactions. The accounts distinguish the institutions that mediate the transactions: governments, markets, and families.

When complete the NTA accounts will provide estimates with sufficient historical depth to study the evolution of intergenerational transfer systems; the consequences of alternative approaches to age reallocations embodied in public policy with respect to pensions, health care, education and social institutions, e.g., the extended family; and the social, political, and economic implications of population aging.

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What's New

Spain Joins the NTA Project

We welcome Concepció Patxot of the University of Barcelona and Elisenda Renteria Perez of CEDEPLAR to our project.

Germany Joins the NTA Project

We welcome Fanny Annemarie Kluge of Max Planck Institute for Demographic Research to our project.

NTA meetings in Tokyo and Seoul

NTA researchers and other scholars interested in intergenerational transfers will be meeting in Tokyo and Seoul in early October.

Latin American NTA researchers meet in Santiago

For more information see Meetings and Presentations

Per capita age profiles of life cycle deficit for selected NTA countries.

American Countries

European Countries

East Asian Countries

South and Southeast Asian Countries

Compare your estimates of per capita lifecycle variables with those from other countries by downloading the spreadsheet. Summarizing results

In the News

NTA-related news in the media

• Sao Paulo January 22, 2006
• Die Presse June 10, 2006
• The Clarion-Ledger November 22, 2006
• Hindu Business Line June 20, 2007
• Joongang Daily November 13, 2007 (in Korean)
• The Japan Times November 22, 2007

Support for this project has been provided by the National Institute on Aging: NIA, R37-AG025488 and NIA, R01-AG025247; the John D. and Catherine T. MacArthur Foundation; the International Development Research Center (IDRC); the United Nations Population Fund (UNFPA); and the Academic Frontier Project for Private Universities: matching fund subsidy from MEXT (Ministry of Education, Culture, Sports, Science and Technology), 2006-10, granted to the Nihon University Population Research Institute.

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