LifeCycle Deficit
Variable name | LifeCycle Deficit |
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Parent variable | |
Code | 100,000 LCD |
Description | The lifecycle deficit (LCD) is defined as Consumption (C) less Labor Income (YL). The lifecycle deficit is positive during the dependent years and negative during the working years. A graph of the life cycle deficit based on Taiwan: LifeCycle Deficit Figure Accounting identitiesLifeCycle Deficit (LCD) = LifeCycle Reallocations (LCR).
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Sub variables | Consumption Labor Income |