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|The Age Profile of Income and the Burden of Unfunded Transfers in Four Countries|
Center for Retirement Research, Boston College
Jan. 9, 2005
The 49 page PDF is at http://www.bc.edu/centers/crr/papers/wp_2005-33.pdf. Excerpt: This paper uses micro-census income data from the Luxembourg Income Study (LIS) to measure the current and future burden of financing public transfers, especially benefits supporting the aged and near-aged. The analysis distinguishes between income obtained from households' own saving and labor earnings, on the one hand, and the part financed with unfunded transfers, on the other.
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