Dang, Thai Thanh; Immervoll, Herwig; Mantovani, Daniela; … - 2006
protection systems are to a very large extent “old-age”
protection systems, with those aged 65 and over typically receiving … whole.
4. Even without accounting for health-related spending, which is not considered here, these patterns
clearly …, social protection measures and progressive tax systems are likely
to provide some degree of smoothing of age-related income …