National Transfer Accounts

The goal of the National Transfer Accounts (NTA) project is to improve our understanding of the generational economy. How does population growth and changing age structure influence economic growth, gender and generational equity, public finances, and other important features of the macroeconomy? As part of the NTA project, research teams in more than 40 countries are constructing accounts, measuring how people at each age produce, consume, and share resources, and save for their future. The accounts are designed to complement the UN System of National Accounts, population data, and other important economic and demographic indicators.

The National Transfer Accounts project is shedding new light on many areas of importance to policymakers. These include the evolution of intergenerational transfer systems; public policy with respect to pensions, health care, education, reproductive health, and social institutions, such as the extended family; and the social, political, and economic implications of population aging.

What's New

Dakar :

Demographic Dividend and African Development: 11th Global Meeting of the NTA Network,Dakar and Saly, Senegal, 20-24 June 2016

Register and Reserve a Hotel Room

Keynote Address: Mahammed Boun Abdallah Dionne, Prime Minister, Senegal

High Level Symposium On the Demographic Dividend and Development in Africa, featuring heads of key regional institutions:

  • World Bank
  • African Development Bank
  • Economic Commission for Africa
  • United Nations
  • Relevant ministries in Senegal
  • Key donor agencies

Research and Policy Dialogue

  • Demographic Dividend and African Development
  • Counting Women's Work: Gender and Time Use
  • Challenges of Population Aging


  • NTA fundamentals
  • NTA frontiers
  • Using NTA for research and policy formulation
  • Communicating NTA results

Workshop Agenda, June 21-24

A detailed agenda for the workshop program of June 21-24 is now available. Please contact us if you any questions.

NTA11 Senegal second agenda

More details about the opening day and training activities will be available soon: Watch this site.

Visualization Challenge

All NTA researchers are invited to participate in the first NTA Visualization Challenge. Link for more information: Visualization Challenge

Call for papers and travel grant applications are closed

For more information:


  • Center for Economics and Demography of Aging, University of California at Berkeley
  • East-West Center
  • Centre de Recherche en Economie et Finance Appliquees de Thies (CREFAT)
  • United Nations Population Fund

Counting Women's Work Project


This NTA project has developed methodology for using time-use data to estimate the monetary value of unpaid services produced and consumed by specific gender and age groups. These activities are traditionally known as “women’s work”: cooking, cleaning, maintaining households, and caring for children and the elderly.

Combining estimates for the market and the household with the age dimension in a cross-national comparative context will bring women’s total economic contributions into view and reveal patterns of difference by gender. This sets the terms of public discussion and policy debate around issues of gender and the economy.


See more at the CWW website.

NTA in Print and Online: Recent Titles

NTA Brochure in English: National Transfer Accounts: Understanding the generational economy, May 2016

NTA Brochure 2016 in English

NTA Brochure 2016 English

NTA Brochure in French: Comptes nationaux de transfert : Comprendre l'économie générationnelle, Mai 2016

NTA Brochure 2016 in French

NTA Brochure 2016 French

NTA Bulletin 8: Population Change and Economic Growth in Asia: New Findings from the National Transfer Accounts (NTA) Project, November 2015

NTA Bulletin 8

NTA Bulletin 2011-1

Summary: In 2014, the Asia Pacific Regional Office of the United Nations Population Fund (UNFPA APRO) and the East-West Center launched a project to expand and update NTA analysis in Bangladesh, Cambodia, China, India, Indonesia, Lao People’s Democratic Republic (PDR), the Philippines, Thailand, and Vietnam. Bangladesh and Malaysia joined the group later. The project includes national-level training, south-south exchange visits, NTA research-based policy briefs, and regional meetings showcasing best practices and progress in the NTA project, including comparisons with findings from other NTA member countries.

This issue of the NTA Bulletin highlights early findings from this expansion of NTA analysis in the region and points out policy implications for:

  • Maintaining a favorable level of fertility
  • Investing in child health and education
  • Providing job opportunities for young adults
  • Recognizing the full economic contribution of women
  • Planning for population aging

Information and links to all issues of the NTA Bulletin

Two new books on the demographic dividend in Senegal

LDramani2016book1 LDramani2016book2

Latif Dramani recently published a first and second volume on the generational economy and demographic dividend in Senegal.

Who pays for demographic change? Population Europe Policy Brief explores economic lifecycle

Population and Policy Compact Policy Brief 10

In the latest Population Europe Population and Policy Compact, Hippolyte d'Albis, Tommy Bengtsson, Alexia Furnkranz-Prskawetz and Robert Ivan Gal discuss the consequences of population ageing, and propose possible approaches countries may take to maintain fiscal sustainability. Read more about their latest Policy Brief here.

Thailand NTA infomercial previewed in Asia meeting

(Cross-posted from NTA Asia) The Thailand Office of the National Economic and Social Development Board and the United Nations Population Fund-Thailand co-produced a brief infomercial on the implications of an ageing population. The video was previewed at the recent Asia Regional NTA Meeting held in Bangkok, Thailand on December 3-4, and will be formally launched on December 21.

See longer 5-minute version here.

New World Bank Report on Aging in East Asia Includes NTA Research

Live long and prosper: Aging in East Asia and Pacific

NTA Research Highlighted in Latest WB-IMF Global Monitoring Report

GMR cover

This year's World Bank and International Monetary Fund Global Monitoring Report (GMR) focuses on demographic trends that will impact future economic growth and development. Analyses of NTA data take center stage in discussing how changing population age structures shape the development trajectories in many countries. GMR 2015/2016 link, and online snippets are available HERE.

NTA Research Highlighted in Special Issue of ''The Journal of the Economics of Aging--Exploring the Generational Economy''

All articles in this special issue of The Journal of the Economics of Aging are by NTA members. Congratulations to our colleagues for their excellent contributions. At the moment, at least, all articles appear to be downloadable from this website: Journal of the Economics of Aging, vol. 5, April 2015

Website on the Demographic Dividend Spotlights NTA Analysis

A new website, co-hosted by the Bill & Melinda Gates Institute for Population and Reproductive Health at the Johns Hopkins Bloomberg School of Public Health and the Population Reference Bureau, prominently features NTA's work on the Demographic Dividend in Africa. The objective is to host resource materials available from a number of organizations engaged in research, advocacy, and policy work related to the demographic dividend. Organizations are encouraged to share their collective and individual contributions to the research literature and base of policy communication materials on the demographic dividend by emailing either a link or a PDF file.

Demographic Dividend website

Video featuring NTA work on the Demographic Dividend

For a more complete list of NTA publications, go to the Publications section.

NTA Results Featured in US Federal Reserve Report

The Graying of the American Economy: Fiscal Math Is Daunting: Federal Reserve Bank of Atlanta's 2015 Annual Report

Gretchan Donehower provided NTA information to the Atlanta Federal Reserve Bank on taxes and social contributions paid and public benefits received by age. Two NTA charts are featured in the on-line write-up of the bank's 2015 annual report.

NTA in Print and Online: The Classics

NTA Manual cover

National Transfer Accounts Manual: Measuring and Analyzing the Generational Economy. New York: United Nations, 2013.

Population Aging Generational Economy cover

Population aging and the generational economy: A global perspective. Ronald Lee and Andrew Mason, principal authors and editors, Cheltenham: Edward Elgar, 2011.

For a more complete list of NTA publications, go to the Publications section.

Recent NTA Meetings

North America NTA Regional Meeting held in Berkeley, 14 December 2015

The North America NTA regional meeting was held at the University of California (UC)-Berkeley on . The meeting was sponsored by the National Institute on Aging, with additional support from the Center on the Economics and Demography of Aging, UC-Berkeley. View the meeting agenda here.

Asia NTA Regional Meeting held in Bangkok, 3-4 December 2015

The 2015 NTA Regional Meeting for Asia was held on 3-4 December, at the Amari Watergate Hotel in Bangkok, Thailand. The meeting was supported by the Asia Pacific Regional Office (APRO) of UNFPA and the East-West Center. Learn more about the Asia NTA meeting agenda, presentations and participants here.

Six Francophone African Countries Meet in Senegal, 20-30 October 2015

With support from UNFPA West African Regional Office and CREFAT, participants from six countries are meeting in Saly, Senegal. Members are being introduced to NTA and the concepts related to the Demographic Dividend. To learn more about the meeting look here.

AGENTA Project Meeting in Barcelona, June 2015

During the second week of June 2015, the AGENTA project met in Barcelona, Spain. The aim of this meeting was to provide a progress overview on the first 1½ years of the project, to discuss current work, and to ensure that work from all partners is aligned.

Prof. Jonathan Gershuny, Director of Oxford University's Centre for Time Use Research, gave the keynote address, “Gendered age-transfer national accounts: Using time diary data comprehensively.”

All papers and presentations provided by the speakers are available in the Workshop Agenda. As all the presentations and discussions were recorded, the organizing team from the University of Barcelona is kindly providing the possibility to watch the recorded video at: First AGENTA meeting

We thank the team of University of Barcelona for organizing a very successful meeting. For more on the AGENTA Project, check out the project website.

To read about earlier NTA meetings, go to the Meetings section.

NTA Membership

As of May 2016, research teams are conducting NTA analysis for more than 70 countries around the world.

Egypt joins the NTA Project
We welcome Ali Abd Elwahed Rashed and Mohamed Ismail to our project. The key institution for Egypt will be announced later.

Iran joins the NTA Project
We welcome Mohammad Jalal Abbasi-Shavazi, Majid Koosheshi, Sajad Darzi Ramandi, Meimanat Hosseini-Chavoshi, and Leili Niakan to our project. The key institution for Iran will be the University of Tehran.

Malaysia joins the NTA Project
We welcome Tengku Aizan Hamid, Jariah Masud, Sharifah Azizah Haron, Judhiana Abd Ghani, and Rusmawati Said to our project. The key institution for Malaysia will be announced later.

Bangladesh joins the NTA Project
We welcome Bazlul Haque Khondker, Selim Raihan, Muhammad Moshiur Rahman, and Syer Tazim Haque to our project. The key institution will be the South Asian Network on Economic Modeling (SANEM).

Netherlands joins the NTA Project
We welcome Arjan Bruil, Florin Barb, Jan van Tongeren, and Ruud Picavet to our project. The key institution for the Netherlands will be Statistics Netherland.

Luxembourg joins the NTA Project
We welcome Louis Chauvel and Javier Olivera (also a member of the Peru NTA team) to our project. The key institution for Luxembourg will be the University of Luxembourg.

Russia joins the NTA Project
We welcome Mikhail Denissenko, Vladimir Kozlov, Anna Mironova, Natalia Akindinova, Andrey Chernyavskiy, Olga Kuzina, and Dilyara Ibragimova to our project. The key institution for Russia will be the National Research University - Higher School of Economics (Moscow).

Ghana joins the NTA Project
We welcome Eugenia Amporfu, Prince Boakye Frimpong, and Daniel Sakyi to our project. The key institution for Ghana will be announced later.

Benin joins the NTA Project
We welcome Barthélémy Biao, Idossou Jean-Baptiste Oga, Dètondji Camille Guidime, Bachir Olatoundji Souberou, and Assogba Hodonou to our project. The key institution for Benin will be the University of Parakou.

New Peru NTA team
We welcome Carlos Aramburu and Janina Virginia Leon Castillo to our project. They join current member Javier Olivera.

Poland joins the NTA Project
We welcome Agnieszka Chlon-Dominczak, Anita Abramowska-Kmon, Irena Kotowska, and Strzelecki Andrzej to our project. The key institution for Poland will be announced later.

Cambodia joins the NTA Project
We welcome H.E. San Sy Than, H.E. Tuon Thavrak, Ms. Hang Lina, Mr. Theng Pagnathun, Mr. Poch Sovanndy, Mr. Nor Vanndy, Mr. Khim Fadane, Mr. Yim Saonith, and Mr. Keo Bun Chhav to our project. The key institution for Cambodia is the National Institute of Statistics, Ministry of Planning.

For a complete list of NTA Countries...

Recent Scholarly Publications Based on NTA Research

Dramani, Latif (2016). ''Economie générationnelle et dividende démographique Éléments de diagnostic au Sénégal,'' Tome 1. Paris: L'Harmattan.

Dramani, Latif (2016). ''Economie générationnelle et dividende démographique Théorie et applications au Sénégal,'' Tome 2. Paris: L'Harmattan.

Mason, Andrew, Ronald Lee, and Jennifer Xue Jiang (2016). Demographic dividends, human capital, and saving. The Journal of the Economics of Ageing. 7:106-22. Available online

Khondker, B.H. and M.M. Rahman (2016). Will Bangladesh miss out on first demographic dividend? in S. Raihan (ed.), SANEM Thinking Aloud. 2(8): 2. Khondker_Rahman_Jan2016

Narayana, M.R. (2015). Age structure transition, population ageing and economic growth: New evidence and implications for India. Chapter 5 in K.V. Ramaswamy (ed.), Labour, Employment and Economic Growth in India. Cambridge University Press (New Delhi): pp.127-152. Narayana_Chap5_2015

To see other publications, go to Publications section.

NTA in the News: Recent Articles

2 March 2016: CCTV America program, Workers in China have mixed feelings about retirement age increase, features interview with NTA's Andrew Mason

As the Chinese government considers raising the retirement age, Mason sees several opportunities for improvement. Read the article and see the interview on the CCTV website.

Earlier media coverage of NTA at NTA in the news

Support for this project has been provided by the National Institute on Aging: NIA, R37-AG025488 and NIA, R01-AG025247; the International Development Research Centre (IDRC); the William and Flora Hewlett Foundation; the Bill & Melinda Gates Foundation through the Gates Institute for Population and Reproductive Health, Bloomberg School of Public Health; the United Nations Population Fund (UNFPA); United Nations Population Division; Asian Development Bank; the World Bank; the John D. and Catherine T. MacArthur Foundation; the Seventh Framework Programme of the European Union; 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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