Generational Accounting Around the World
Auerbach, Alan J. / Kotlikoff, Laurence J. / Leibfritz, Willi
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 desi...