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Generational Accounting around the World

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  • Auerbach, Alan J.
  • Kotlikoff, Laurence J.
  • Leibfritz, Willi

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Abstract

The realities of mounting government debt, tax burdens, and an aging population raise serious concerns about the financial legacy confronting future generations. How great a fiscal burden will current policies leave to subsequent generations, and how might changes in those policies alter the intergenerational distribution of public welfare? Generational accounting has recently emerged as a robust new method of fiscal analysis and planning designed to assess the long-term sustainability of fiscal policy and to measure the extent of the financial load ultimately borne by present and future generations. A seminal contribution to public economics, generational accounting has already been adopted by 23 nations around the world. Combining the latest and most extensive country-by-country generational analyses with a comprehensive review of generational accounting's innovative methodology, these papers are a consummate resource for economists, political scientists, and policy makers concerned with fiscal health and responsibility.

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Bibliographic Info

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This book is provided by University of Chicago Press in its series National Bureau of Economic Research Books with number 9780226032139 and published in 1999.

Edition: 1
ISBN: 9780226032139
Order: http://press.uchicago.edu/ucp/books/book/isbn/9780226032139.html
Handle: RePEc:ucp:bknber:9780226032139

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Web page: http://press.uchicago.edu

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Cited by:
  1. Kotlikoff, Laurence J., 2002. "Generational policy," Handbook of Public Economics, Elsevier, in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 4, chapter 27, pages 1873-1932 Elsevier.
  2. Kotlikoff, L.J. & Raffelhuschen, B., 1999. "Generational Accounting around the Globe," Norway; Department of Economics, University of Bergen, Department of Economics, University of Bergen 195, Department of Economics, University of Bergen.
  3. Philip Oreopoulos & Alan J. Auerbach, 1999. "Analyzing the Fiscal Impact of U.S. Immigration," American Economic Review, American Economic Association, American Economic Association, vol. 89(2), pages 176-180, May.
  4. Auerbach, Alan J. & Hassett, Kevin, 2007. "Optimal long-run fiscal policy: Constraints, preferences and the resolution of uncertainty," Journal of Economic Dynamics and Control, Elsevier, Elsevier, vol. 31(5), pages 1451-1472, May.
  5. Alan J. Auerbach & Philip Oreopoulos, 1999. "Generational Accounting and Immigration in the United States," NBER Working Papers, National Bureau of Economic Research, Inc 7041, National Bureau of Economic Research, Inc.
  6. Bovenberg, A.L. & Rele, H.J.M. ter, 1999. "Generational accounts for the Netherlands: An update," Open Access publications from Tilburg University, Tilburg University urn:nbn:nl:ui:12-80405, Tilburg University.
  7. Pierre Malgrange & André Masson, 2002. "Viabilité des politiques publiques - Études de comptabilité générationnelle. Présentation générale," Économie et Prévision, Programme National Persée, Programme National Persée, vol. 154(3), pages 3-11.
  8. Nicola Sartor, 2001. "The Long-run Effects of the Italian Pension Reforms," International Tax and Public Finance, Springer, Springer, vol. 8(1), pages 83-111, January.
  9. Alan J. Auerbach & Kevin A. Hassett, 1999. "Uncertainty and the Design of Long-Run Fiscal Policy," NBER Working Papers, National Bureau of Economic Research, Inc 7036, National Bureau of Economic Research, Inc.
  10. Alan J. Auerbach, 2002. "Is there a role for discretionary fiscal policy?," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, Federal Reserve Bank of Kansas City, pages 109-150.

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