DKK 4.9 million for research on distribution of capital across generations
How do we ensure that we don’t leave bills for future generations and instead make sure there are resources left for them? Professor of economics Torben M. Andersen and his colleagues Cecilie Marie Løchte Jørgensen and Allan Sørensen have received DKK 4.9 million from the ROCKWOOL Foundation to help solve this issue.
How do we ensure that we don’t leave bills for future generations and instead make sure there are resources left for them? Researchers Torben M. Andersen, Cecilie Marie Løchte Jørgensen and Allan Sørensen from the Department of Economics and Business Economics will help solve this issue. They have recently received a grant of DKK 4.9 million from the ROCKWOOL Foundation to measure and quantify how generations are connected through the distribution of different types of capital. Their three-year project is entitled “Intergenerational distribution”.
“We are very happy about this grant, which enables us to initiate a major project on an important issue. There are ongoing discussions about distribution of capital across generations, and with this project, we will contribute with new knowledge about how different generations have coped and will cope in the future,” says PI Torben M. Andersen about receiving the grant.
More specifically, the researchers will look at what role the welfare state plays in the distribution of resources across generations. The state functions as a social contract that connects the generations through entitlement to education, health, care and taxation.
They will also investigate how generations are connected through the distribution of different types of capital, focusing on measurements of economic capital, human capital (knowledge) and natural capital.