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Generational accounting: the case of Italy

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Author Info
Daniele Franco
Jagadeesh Gokhale
Luigi Guiso
Laurence J. Kotlikoff
Nicola Sartor

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Abstract

An examination of the generational imbalance in current Italian fiscal policy, showing that unless dramatic steps are taken soon, future generations' net tax bill will be four or more times the amount that today's newborns are slated to pay.

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Paper provided by Federal Reserve Bank of Cleveland in its series Working Paper with number 9208.

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Date of creation: 1992
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Handle: RePEc:fip:fedcwp:9208

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Keywords: Italy ; Fiscal policy;

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References listed on IDEAS
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  1. 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)
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(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. Tullio Jappelli & Franco Modigliani, 1998. "The Age-Saving Profile and the Life-Cycle Hypothesis," CSEF Working Papers 09, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy. [Downloadable!]
  2. Nicola Sartor, 2001. "The Long-run Effects of the Italian Pension Reforms," International Tax and Public Finance, Springer, vol. 8(1), pages 83-111, January. [Downloadable!] (restricted)
  3. Lorenzo Forni & Raffaela Giordano, 2001. "Funding a PAYG pension system: the case of Italy," Fiscal Studies, Institute for Fiscal Studies, vol. 22(4), pages 487-526., December. [Downloadable!]
  4. Jagadeesh Gokhale, 1996. "Demographic change, generational accounts, and national saving in the United States," Working Paper 9603, Federal Reserve Bank of Cleveland. [Downloadable!]
  5. Alan J. Auerbach & Jagadeesh Gokhale & Laurence J. Kotlikoff & Erling Steigum, Jr., 1993. "Generational accounting in Norway: is the nation overconsuming its petroleum wealth?," Working Paper 9305, Federal Reserve Bank of Cleveland. [Downloadable!]
  6. Hans Fehr & Laurence J. Kotlikoff, 1997. "Generational Accounting in General Equilibrium," NBER Working Papers 5090, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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