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| Author: | Weizsäcker, R. K. von |
| Title: | Distributive implications of an aging society |
| Journal: | European Economic Review
1996 : APR, VOL. 40:3-5, p. 729-746 |
| Index terms: | INCOME DISTRIBUTION FISCAL POLICY SOCIAL POLICY |
| Language: | eng |
| Abstract: | In the paper, recent research on the impact of an aging population on the distribution of income is reviewed. A short account of demographic trends in the industrialized world is given, after a brief discussion on the demographic conditions responsible for population aging. Several levels of aggregation are distinguished. The paper makes a difference btw. inter- and intragenerational issues, btw. direct and indirect demographic inequality effects, and btw the distribution of current and lifetime income. The critical role of age-related re-distributive tax-transfer systems is emphasized. |
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