How does ageing affect income redistribution?
By Mikkel Hermansen, Economist, OECD Economics Department In many advanced countries, the share of citiziens having reached post-retirement age is growing fast. Since elderly rely for a good part on a public pension scheme for income support, population ageing tends to result in more income redistribution, in particular in the form cash transfers. However, insofar … More How does ageing affect income redistribution?