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The equity of social services provided to children and senior citizens

Author

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  • Jagadeesh Gokhale
  • Laurence J. Kotlikoff

Abstract

A consideration of the degree of equity in the U.S. government's treatment of children vis-a-vis adults, particularly the elderly. The authors show that given current policy, today's and tomorrow's children could end up paying as much as 70 percent of their lifetime income to the government, whereas the current elderly will pay only about 25 percent on average.

Suggested Citation

  • Jagadeesh Gokhale & Laurence J. Kotlikoff, 1993. "The equity of social services provided to children and senior citizens," Working Papers (Old Series) 9311, Federal Reserve Bank of Cleveland.
    • Handle: RePEc:fip:fedcwp:9311
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    References listed on IDEAS

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    1. Cardarelli, Roberto & Sefton, James & Kotlikoff, Laurence J, 2000. "Generational Accounting in the UK," Economic Journal, Royal Economic Society, vol. 110(467), pages 547-574, November.
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    Cited by:

    1. James M. Poterba, 1996. "Government Intervention in the Markets for Education and Health Care: How and Why?," NBER Chapters, in: Individual and Social Responsibility: Child Care, Education, Medical Care, and Long-Term Care in America, pages 277-308, National Bureau of Economic Research, Inc.

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    More about this item

    Keywords

    Social service;

    JEL classification:

    • H22 - Public Economics - - Taxation, Subsidies, and Revenue - - - Incidence

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