Objective
Low- and middle-income countries (LMICs) are aging fast and without widespread access to public or employer-provided pensions. FamAge will provide crucial new evidence on the sources of support – private, family, and public – that older adults in LMICs draw on, how these support mechanisms operate separately, interact together, and respond to economic, demographic, and policy changes.
In Work Package 1 (WP1), I will open the black box of intergenerational family support by examining who gives money and care to whom, under what conditions, and generating what inequalities. I will develop and estimate a dynamic, limited-commitment model of multigenerational resource sharing for India, allowing for evolving inequality and the breakdown of care relations. Using rich household panels, I will quantify transfers of money and care, and assess the roles of bequeathable wealth, private saving, shocks, and public programs.
WP2 will focus on the demand for private pensions. I will implement a cluster-randomized controlled trial around the rollout of a new contributory pension program in rural Uganda aimed at informal workers. The trial will identify the price sensitivity of demand, the displacement of existing savings, and the roles of intra-couple bargaining and subjective expectations.
In WP3, I will then embed new insights from WP1 and WP2 into a unified lifecycle model with endogenous labor supply, health, consumption, saving, and family transfers, and estimate it separately for 11 LMICs using newly available panels of aging populations. A first aim is to assess whether canonical lifecycle models can adequately explain the economic preparation for aging in LMICs and identify modifications that improve their usefulness. I will then use the estimates to decompose the determinants of lifecycle patterns of poverty, saving, and labor supply, and to assess the counterfactual impacts of alternative policies, such as new or expanded pension systems.
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Keywords
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Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.1.1 - European Research Council (ERC)
MAIN PROGRAMME
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Topic(s)
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Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
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Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
HORIZON-ERC - HORIZON ERC Grants
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) ERC-2026-STG
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
OX1 2JD Oxford
United Kingdom
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.