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B. Hammer, A. Fürnkranz-Prskawetz:
"National Transfer Accounts for Austria.";
Talk: CIRET Konferenz, Wien; 2012-09-06.

Economic activities of individuals are in many aspects related to their age, in particular production
through own labor and consumption. In 2005 the Austrians in the age from 20 to
60 generated 95 percent of total labor income, while their share on consumption was only 58
percent. A large part of the resources generated by the active population are reallocated across
age-groups either through transfers or through asset based reallocations (e.g. saving). National
Transfer Accounts (NTA) measure consistently with the System of National Accounts
how much income each age-group generates through the input of labor and capital, how income
is redistributed across age-groups through public and private transfers and how each age-group
uses the disposable resources for saving and consumption. The data-set consists of an extensive
number of age-pro les (per-capita averages for each age-group) providing valuable information
on the role of age and age-reallocations in the economy. National Transfer Accounts for Austria
have been constructed for the year 1995, 2000 and the year 2005. In this paper we provide an
introduction to the NTA methodology and present the results for Austria.