Generational accounts: a new approach to fiscal policy evaluation

Alan Auerbach, Jagadeesh Gokhale and Laurence Kotlikoff

Economic Commentary, 1991, issue Nov

Abstract: A discussion of why budget deficits are inadequate measures of the long-run effect of fiscal policy on intergenerational redistributi- on, and an assertion that policy evaluation would be better served by looking at generational accounts.

Keywords: Fiscal; policy (search for similar items in EconPapers)
Date: 1991
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