Creedy, John; Disney, Richard; Whitehouse, Edward - In: Review of Income and Wealth 39 (1993) 3, pp. 257-78
The redistributive impact of the U.K. state pension scheme is examined. Benefit-cost ratios are calculated using individual lifetime earnings profiles constructed for a cohort of men drawn from cross-section data. The scheme is investigated at maturity and revenue neutrality is imposed in order...