Fig. 9From: Population aging and the historical development of intergenerational transfer systemsChange in public transfer load as populations age in selected countries. Note: Public transfer load is the projected increase in public transfer budget deficit assuming base period age profiles of taxes and benefits are fixed and the population age distribution varies as projected by the United Nations Population Division (2013). Load is expressed as a proportion of projected aggregate consumption assuming the age profile of consumption is also fixed at base period. Source: Calculated from National Transfer Account age profilesBack to article page