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9.27510.AgeComp_2

9.27510.AgeComp_2 - 9 Age Composition Family Life Cycle and...

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Ronald Lee, UC Berkeley, 2010 1 9. Age Composition, Family Life Cycle, and Intergenerational Transfers Econ/Demog 275.10 Ronald Lee March 17, 2010
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Ronald Lee, UC Berkeley, 2010 2 Readings for next time Readings from Orn B. Bodvarsson and Hendrik Van den Berg (2009) The Economics of Immigration: Theory and Policy Springer. Seems to be a very good book. If you are interested in Immigration more generally, I suggest you look at the rest of it. These two chapters will be scanned and posted on bSpace, and two copies will be on reserve in the Demog library. 1. *Chapter 5. “The Effects of Immigration on the Destination Economy: the Theory”, pp.107-132. 2. *Chapter 6. “How Immigration Impacts the Destination Economy: The Evidence”, pp.133-157. 3. *James Smith and Barry Edmonston, eds, The New Americans , Chapter 7: “The Life Time Fiscal Impacts of Immigrants and Their Descendants”, National Academy Press, 1997 (pp.297-362). (Chapter drafted by Ronald Lee and Timothy Miller). On bSpace.
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Ronald Lee, UC Berkeley, 2010 3 Two Reports for March 31 – all on bSpace; will do 2 of these 3. Prachi Mishra (2007) “Emigration and wages in source countries: Evidence from Mexico” Journal of Development Economics , 82 (2007) 180– 199. (bSpace) Emmanuel THE EFFECT OF IMMIGRATION ON PRODUCTIVITY: EVIDENCE FROM US STATES Giovanni Peri Working Paper 15507 http://www.nber.org/papers/w15507 The Transmission of Women’s Fertility, Human Capital and Work Orientation across Immigrant Generations by Francine D. Blau, Lawrence M. Kahn, Albert Yung-Hsu Liu, Kerry L. Papps IZA DP No. 3732 (September 2008) Sarah M .
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Ronald Lee, UC Berkeley, 2010 4 Assignment related to term papers Email me an update on progress by Monday, March 29 after the break. Any preliminary empirical work you may have. Any advances on research design, planned analyses, etc. More precise statement of research questions you hope to address. Any pieces of the paper you have drafted, eg. Introduction, description of data and methods.
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Ronald Lee, UC Berkeley, 2010 5 Plan for lecture today 1. Summary of last lecture 2. Brad on Cox on motivations for transfers 3. Why transfers? Samuelson and the consumption loan economy. (More pop-econ math). 4. Public transfers and private transfers in the real world.. 5. Sustainability of public pensions and population aging. Chris Flinn report on Bongaarts. 6. Population aging and the US economy: Cutler et al 7. Global trends in support ratios
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Ronald Lee, UC Berkeley, 2010 6 Recap of last lecture
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Ronald Lee, UC Berkeley, 2010 7 Summary (1) Individual life cycle has long periods of consuming much more than is produced, in childhood and old age (these days). How manage this? Individuals live in families within which there is income sharing, consumption smoothing. Chayanov gives numerical example. Lee and Kramer, Tobin, also.
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