Cover image for Generational Accounting around the World.
Generational Accounting around the World.
Title:
Generational Accounting around the World.
Author:
Auerbach, Alan J.
ISBN:
9780226032184
Personal Author:
Physical Description:
1 online resource (548 pages)
Series:
National Bureau of Economic Research Project Report
Contents:
Generational Accounting around the World -- Contents -- Introduction -- 1. From Deficit Delusion to the Fiscal Balance Rule: Looking for an Economically Meaningful Way to Assess Fiscal Policy -- 2. The Methodology of Generational Accounting -- 3. Generational Accounting in General Equilibrium -- 4. An International Comparison of Generational Accounts -- 5. Argentina's Generational Accounts: Is the Convertibility Plan's Fiscal Policy Sustainable? -- 6. Generational Accounting in Australia -- 7. Generational Accounts for Belgium -- 8. Generational Accounting in Brazil -- 9. Canada: On the Road to Fiscal Balance -- 10. Public Debt, Welfare Reforms, and Intergenerational Distribution of Tax Burdens in Denmark -- 11. Generational Accounting for France -- 12. Unification and Aging in Germany: Who Pays and When? -- 13. Generational Accounts for Italy -- 14. Generational Accounts for the Netherlands -- 15. Generational Accounting in New Zealand -- 16. Generational Accounting and Depletable Natural Resources: The Case of Norway -- 17. Generational Accounts in Sweden -- 18. Thailand's Generational Accounts -- 19. Generational Accounting in Japan -- 20. Generational Accounting in Portugal -- 21. Generational Accounts for the United States: An Update -- Contributors -- Author Index -- Subject Index.
Abstract:
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.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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