LifeCycle Deficit

Variable nameLifeCycle Deficit
Parent variable
Code100,000 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 identities

LifeCycle Deficit (LCD) = LifeCycle Reallocations (LCR).

Sub variablesConsumption
Labor Income

DATA

RESEARCH

TRAINING

COLLABORATION

REGIONAL CENTERS

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