Demography and the statistics of lifetime economic transfers under individual stochasticity

<b>Background</b>: As individuals progress through the life cycle, they receive income and consume goods and services. The age schedules of labor income, consumption, and life cycle deficit reflect the economic roles played at different ages. Lifetime accumulation of economic variables h...

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Bibliographic Details
Main Authors: Hal Caswell, Fanny Annemarie Kluge
Format: Article
Language:English
Published: Max Planck Institute for Demographic Research 2015-02-01
Series:Demographic Research
Online Access:http://www.demographic-research.org/volumes/vol32/19/