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Generational accounting: the case of Italy

Author

Listed:
  • Daniele Franco
  • Jagadeesh Gokhale
  • Luigi Guiso
  • Laurence J. Kotlikoff
  • Nicola Sartor

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.

Suggested Citation

  • Daniele Franco & Jagadeesh Gokhale & Luigi Guiso & Laurence J. Kotlikoff & Nicola Sartor, 1992. "Generational accounting: the case of Italy," Working Paper 9208, Federal Reserve Bank of Cleveland.
    • Handle: RePEc:fip:fedcwp:9208
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    References listed on IDEAS

    as
    1. Alan J. Auerbach & Jagadeesh Gokhale & Laurence J. Kotlikoff, 1991. "Generational Accounts: A Meaningful Alternative to Deficit Accounting," NBER Chapters,in: Tax Policy and the Economy, Volume 5, pages 55-110 National Bureau of Economic Research, Inc.
    2. Laurence J. Kotlikoff & Laurence J. Kotlikoff & Willi Leibfritz, 1999. "From Deficit Delusion to the Fiscal Balance Rule: Looking for an Economically Meaningful Way to Assess Fiscal Policy," NBER Chapters,in: Generational Accounting around the World, pages 9-30 National Bureau of Economic Research, Inc.
    3. Regina Villela Malvar & Laurence J. Kotlikoff & Willi Leibfritz, 1999. "Generational Accounting in Brazil," NBER Chapters,in: Generational Accounting around the World, pages 177-198 National Bureau of Economic Research, Inc.
    4. Alan J. Auerbach & Jagadeesh Gokhale & Laurence J. Kotlikoff, 1992. "Social Security and Medicare Policy from the Perspective of Generational Accounting," NBER Chapters,in: Tax Policy and the Economy, Volume 6, pages 129-145 National Bureau of Economic Research, Inc.
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    Keywords

    Italy ; Fiscal policy;

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