This paper presents a set of generational accounts (GAS) that can be used to assess the fiscal burden current generations are placing on future generations. The GAS indicate the net present value amount that current and future generations are projected to pay to the government now and in the future. The generational accounting system represents an alternative to using the federal budget deficit to gauge intergenerational policy. From a theoretical perspective, the measured deficit need bear no relationship to the underlying intergenerational stance of fiscal policy. Within the range of reasonable growth and interest rate assumptions the difference between age zero and future generations in GAS ranges from 17 to 24 percent. This means that i...
This paper uses a recently-developed technique, calledgenerational accounting, to assess New Zealand...
On February 23, 2001 a workshop on «Generational Accounting in the Nordic Countries» was held in Rey...
The social and economic developments in European countries have put pressure on their national budge...
This paper presents a set of generational accounts that can be used to assess the fiscal burden curr...
A discussion of why budget deficits are inadequate measures of the long-run effect of fiscal policy ...
This paper illustrates the technique of generational accounting, a new way to evaluate fiscal policy...
Our previous study (Auerbach, Gokhale and Kotlikoff 1991) introduced the concept of generational acc...
This article assesses three basic approaches to assessing the future effects of the government’s fis...
To pay for all the goods and services that a government ever buys, someone of some generation must p...
The question whether fiscal policies can be considered sustainable in the light of population ageing...
Are generational accounts informative about the effect of the budget on the intergenerational distri...
Generational policy is a fundamental aspect of a nation's fiscal affairs. The policy involves redist...
A presentation of the baseline generational accounts for 1992, estimating both the effect of the Omn...
Many economists today agree with the use-fulness of generational accounting as a pow-erful alternati...
Figuring out how to equalize the tax burden across generations is easy. Deciding who's going to pay ...
This paper uses a recently-developed technique, calledgenerational accounting, to assess New Zealand...
On February 23, 2001 a workshop on «Generational Accounting in the Nordic Countries» was held in Rey...
The social and economic developments in European countries have put pressure on their national budge...
This paper presents a set of generational accounts that can be used to assess the fiscal burden curr...
A discussion of why budget deficits are inadequate measures of the long-run effect of fiscal policy ...
This paper illustrates the technique of generational accounting, a new way to evaluate fiscal policy...
Our previous study (Auerbach, Gokhale and Kotlikoff 1991) introduced the concept of generational acc...
This article assesses three basic approaches to assessing the future effects of the government’s fis...
To pay for all the goods and services that a government ever buys, someone of some generation must p...
The question whether fiscal policies can be considered sustainable in the light of population ageing...
Are generational accounts informative about the effect of the budget on the intergenerational distri...
Generational policy is a fundamental aspect of a nation's fiscal affairs. The policy involves redist...
A presentation of the baseline generational accounts for 1992, estimating both the effect of the Omn...
Many economists today agree with the use-fulness of generational accounting as a pow-erful alternati...
Figuring out how to equalize the tax burden across generations is easy. Deciding who's going to pay ...
This paper uses a recently-developed technique, calledgenerational accounting, to assess New Zealand...
On February 23, 2001 a workshop on «Generational Accounting in the Nordic Countries» was held in Rey...
The social and economic developments in European countries have put pressure on their national budge...