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A CrossCultural Perspective on Intergenerational Transfers and the Economic Life Cycle

Ronald Lee

Working Papers from University of California at Berkeley, Demography of Aging

Abstract: Consumption and labor earnings differ markedly from one another over the life cycle. These differences are made possible by various kinds of reallocations from one age to another. The reallocations take many forms, but they can be grouped into three analytically motivated categories.

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