Transferencias del sector público a la infancia y vejez en Uruguay (1994-2006)

Abstract

In this paper we analyze the allocation of public resources by age group, estimate the net public transfers and study their role in consumption financing, comparing 1994 and 2006 in Uruguay. We use the National Transfers Account system, specially built for measuring economic flows between age groups. The main conclusions are: i) net public transfers implied resource flows from middle aged people to children as well as to the elderly; ii) net flows to the elderly were larger than those to children; iii) this gap between the net transfers received by the elders and those received by the children decreased between 1994 and 2006 due to the increase of public education expenditure and the decrease of public pensions outlays.Intergenerational Transfers, Public Spending.