IDEAS home Printed from
   My bibliography  Save this article

Lifetime Generational Accounts for the Netherlands


  • Harry Ter Rele
  • Claudio Labanca


Conventional Generational Accounting only includes future benefits and burdens from the government. This paper’s contribution is to include past benefits and burdens as well, and in this way to provide a full lifetime account of how much current and future generations benefit from government, in net terms, under various future policy lines. The calculations are carried out for the Netherlands and for the cohorts born as from 1946. The more complete picture may be helpful for political decision making on equitable intergenerational policies. A second contribution of this paper is that it uses a more comprehensive benefit concept than other such studies by including non-cash benefits as well. The results point out that the lifetime net benefits are positive for almost all of the cohorts considered. Only the very first of the post war cohorts have negative net benefits. Net benefits rise sharply for the younger cohorts, mainly due to increasing benefits from education, health care and general government. They reach a peak for those born between 1960 and 1990. Due to austerity measures that are necessary to restore sustainability of public finances, they decline again for the cohorts after 1990. Technical appendix This technical appendix serves two purposes. The first describes the procedure of the calculations in details. This may be helpful to those who want to replicate the results or who want to perform similar calculations for other countries. The second purpose is that it records exactly where the data and the calculating procedures are stored. It contains links to the inputfiles and the outputfiles (both in Excel). If the hyperlinks doesn't work, please access the files working with the accompanying article . It also contains a file that presents how the present value calculations are carried out. However, these calculations are carried out in a model solving program used at CPB and may not be transferable. It serves as an aid for those who want to replicate the
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Harry Ter Rele & Claudio Labanca, 2012. "Lifetime Generational Accounts for the Netherlands," Fiscal Studies, Institute for Fiscal Studies, vol. 33(3), pages 399-427, September.
  • Handle: RePEc:ifs:fistud:v:33:y:2012:i:3:p:399-427
    DOI: j.1475-5890.2012.00166.x

    Download full text from publisher

    File URL:
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    1. Ablett, John & Tseggai-Bocurezion, Zaid, 2000. "Lifetime Net Average Tax Rates in Australia since Federation--A Generational Accounting Study," The Economic Record, The Economic Society of Australia, vol. 76(233), pages 139-151, June.
    Full references (including those not matched with items on IDEAS)


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. SHIMASAWA Manabu & OGURO Kazumasa, 2016. "Will Abenomics Save Future Generations?," Discussion papers 16100, Research Institute of Economy, Trade and Industry (RIETI).
    2. Manabu Shimasawa & Kazumasa Oguro & Minoru Masujima, "undated". "Population Aging, Policy Reforms, and Lifetime Net Tax Rate in Japan: A Generational Accounting Approach," Discussion papers ron258, Policy Research Institute, Ministry of Finance Japan.

    More about this item

    JEL classification:

    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ifs:fistud:v:33:y:2012:i:3:p:399-427. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Emma Hyman). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.