Generational accounting: a new approach for understanding the effects of fiscal policy on saving
Alan Auerbach,
Jagadeesh Gokhale and
Laurence Kotlikoff
No 9107, Working Papers (Old Series) from Federal Reserve Bank of Cleveland
Abstract:
An application of generational accounting to fiscal policies that feature intergenerational redistribution. The authors consider different policies, only some of which show up as a change in the deficit, and explore their impact on the net national saving rate.
Keywords: Deficit financing; Fiscal policy; Saving and investment (search for similar items in EconPapers)
Date: 1991
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