Generational Accounting around the World
Synopsis
The realities of mounting government debt, tax burdens, and an aging population raise serious concerns about the financial legacy confronting future generations. How great a fiscal burden will current policies leave to subsequent generations, and how might changes in those policies alter the intergenerational distribution of public welfare? Generational accounting has recently emerged as a robust new method of fiscal analysis and planning designed to assess the long-term sustainability of fiscal policy and to measure the extent of the financial load ultimately borne by present and future generations. A seminal contribution to public economics, generational accounting has already been adopted by 23 nations around the world.Combining the latest and most extensive country-by-country generational analyses with a comprehensive review of generational accounting's innovative methodology, these papers are a consummate resource for economists, political scientists, and policy makers concerned with fiscal health and responsibility.
Book details
- Series:
- National Bureau of Economic Research Project Report
- Author:
- Alan J. Auerbach, Laurence J. Kotlikoff, Willi Leibfritz
- ISBN:
- 9780226032184
- Related ISBNs:
- 9780226032139
- Publisher:
- University of Chicago Press
- Pages:
- 544
- Reading age:
- Not specified
- Includes images:
- No
- Date of addition:
- 2020-11-02
- Usage restrictions:
- Copyright
- Copyright date:
- 1999
- Copyright by:
- N/A
- Adult content:
- No
- Language:
- English
- Categories:
- Business and Finance, Nonfiction