This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Generational accounting: a new approach for understanding the effects of fiscal policy on saving

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Alan J. Auerbach
Jagadeesh Gokhale
Laurence J. Kotlikoff

Additional information is available for the following registered author(s):

Abstract

An application of generational accounting to fiscal policies that feature intergenerational redistribution. The authors consider different policies, only some of which show up as a change in the deficit, and explore their impact on the net national saving rate.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.clevelandfed.org/research/Workpaper/1991/wp9107.pdf
File Format: application/pdf
File Function:
Download Restriction: no

Publisher Info
Paper provided by Federal Reserve Bank of Cleveland in its series Working Paper with number 9107.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length:
Date of creation: 1991
Date of revision:
Handle: RePEc:fip:fedcwp:9107

Contact details of provider:
Postal: 1455 East 6th St., Cleveland OH 44114
Phone: 216.579.2000
Web page: http://www.clevelandfed.org/
More information through EDIRC

Order Information:
Email:

For technical questions regarding this item, or to correct its listing, contact: (Diane Rosenberger).

Related research
Keywords: Deficit financing ; Fiscal policy ; Saving and investment;

Other versions of this item:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Summers, Lawrence H, 1981. "Capital Taxation and Accumulation in a Life Cycle Growth Model," American Economic Review, American Economic Association, vol. 71(4), pages 533-44, September. [Downloadable!] (restricted)
  2. Alan J. Auerbach & Jagadeesh Gokhale & Laurence J. Kotlikoff, 1991. "Generational Accounts - A Meaningful Alternative to Deficit Accounting," NBER Working Papers 3589, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  3. Feldstein, Martin S, 1974. "Social Security, Induced Retirement, and Aggregate Capital Accumulation," Journal of Political Economy, University of Chicago Press, vol. 82(5), pages 905-26, Sept./Oct. [Downloadable!] (restricted)
  4. Kotlikoff, Laurence J, 1984. "Taxation and Savings: A Neoclassical Perspective," Journal of Economic Literature, American Economic Association, vol. 22(4), pages 1576-1629, December. [Downloadable!] (restricted)
    Other versions:
Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Alan Auerbach & Bruce Baker & Laurence Kotlikoff & Jan Walliser, 1997. "Generational Accounting in New Zealand: Is There Generational Balance?," International Tax and Public Finance, Springer, vol. 4(2), pages 201-228, May. [Downloadable!] (restricted)
  2. Gemma Abío & Eduard Berenguer & Holger Bonin & Joan Gil & Concepció Patxot, . "Is the Deficit under Control? A Generational Accounting Perspective on Fiscal Policy and Labour Market Trends in Spain," Working Papers 2001-06, FEDEA. [Downloadable!]
    Other versions:
  3. Borgmann, Christoph & Heidler, Matthias, 2003. "Demographics and Volatile Social Security Wealth: Political Risks of Benefit Rule Changes in Germany," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
  4. Alan J. Auerbach & Jagadeesh Gokhale & Laurence J. Kotlikoff, 1992. "Social security and Medicare policy from the perspective of generational accounting," Working Paper 9206, Federal Reserve Bank of Cleveland. [Downloadable!]
    Other versions:
  5. Gebhard Kirchgässner & Silika Prohl, 2008. "Sustainability of Swiss Fiscal Policy," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 144(I), pages 57-83, March. [Downloadable!]
    Other versions:
  6. Jasmin Häcker & Bernd Raffelhüschen, 2004. "Denn sie wussten, was sie taten: zur Reform der Sozialen Pflegeversicherung," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 73(1), pages 158-174.
  7. G.E. Hebbink, 2000. "Demographic ageing and sustainability of fiscal policy: projections with a renewed generational accounting model," WO Research Memoranda (discontinued) 609, Netherlands Central Bank, Research Department. [Downloadable!]
  8. Willem H. Buiter, 1995. "Generational Accounts, Aggregate Saving and Intergenerational Distribution," NBER Working Papers 5087, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  9. Bonin, Holger, 2001. "Fiskalische Effekte der Zuwanderung nach Deutschland - Eine Generationenbilanz," IZA Discussion Papers 305, Institute for the Study of Labor (IZA). [Downloadable!]
  10. John Considine & Liam A. Gallagher, 2004. "UK Debt Sustainability: Some Nonlinear Evidence and Theoretical Implications," Money Macro and Finance (MMF) Research Group Conference 2004 59, Money Macro and Finance Research Group. [Downloadable!]
    Other versions:
  11. Zamac, Jovan & Hallberg, Daniel & Lindh, Thomas, 2008. "Low fertility and long run growth in an economy with a large public sector," CAFO Working Papers 2009:5, Centre for Labour Market Policy Research (CAFO), School of Management and Economics, Växjö University. [Downloadable!]
    Other versions:
  12. Holger Bonin & Joan Gil & Concepció Patxot, . "Beyond the Toledo agreement: The intergenerational impact of the Spanish pension reform," Studies on the Spanish Economy 38, FEDEA. [Downloadable!]
    Other versions:
  13. Alan J. Auerbach & Jagadeesh Gokhale & Laurence J. Kotlikoff, 1992. "Assessing the impact of income tax, social security tax, and health care spending on U.S. saving rates," Economic Review, Federal Reserve Bank of Cleveland, issue Q IV, pages 13-21. [Downloadable!]
  14. John P Haisken-DeNew & Christoph M. Schmidt & Thomas Bauer, 2004. "International Labor Migration, Economic Growth and Labor Markets – The Current State of Affairs," RWI Discussion Papers 0020, Rheinisch-Westfälisches Institut für Wirtschaftsforschung. [Downloadable!]
  15. Bonin, Holger, 2002. "Eine fiskalische Gesamtbilanz der Zuwanderung nach Deutschland," IZA Discussion Papers 516, Institute for the Study of Labor (IZA). [Downloadable!]
  16. Alan J. Auerbach & Young Jun Chun & Ilho Yoo, 2004. "The Fiscal Burden of Korean Reunification: A Generational Accounting Approach," NBER Working Papers 10693, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  17. Gokhale, Jagadeesh & Raffelhueschen, Bernd, 2000. "Population Aging and Fiscal Policy in Europe and the United States," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
  18. Muriel Bouchet, 2003. "The sustainability of the private sector pension system from a long-term perspective: the case of Luxembourg," BCL working papers 6, Central Bank of Luxembourg. [Downloadable!]
  19. Alan J. Auerbach & Young Jun Chun, 2003. "Generational Accounting in Korea," NBER Working Papers 9983, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  20. Uhlig, H. & Yanagawa, N., 1994. "Increasing the Capital Income Tax Leads to Faster Growth," Discussion Paper 115, Tilburg University, Center for Economic Research. [Downloadable!]
  21. Jagadeesh Gokhale & Bernd Raffelhuschen & Jan Walliser, 1994. "The burden of German unification: a generational accounting approach," Working Paper 9412, Federal Reserve Bank of Cleveland. [Downloadable!]
  22. Gemma Abio Roig & Joan Gil Trasfi & Concepcion Patxot Cardoner, 2005. "La Ley de Estabilidad Presupuestaria en el largo plazo: efecto del ciclo demografico," Working Papers in Economics 126, Universitat de Barcelona. Espai de Recerca en Economia. [Downloadable!]
Statistics
Access and download statistics

Did you know? LogEc provides statistical analysis about downloads from this service (and others).

This page was last updated on 2009-12-8.


This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.