Generational Accounts for the United Kingdom
Dr Martin Weale ()
No 377, National Institute of Economic and Social Research (NIESR) Discussion Papers from National Institute of Economic and Social Research
Abstract:
Generational accounts show the net discounted life-time contribution, positive or negative, that people, as a function of their age, are expected to make to the Exchequer. Receipts include both welfare benefits and public consumption (allocated by age as far as possible) while payments are largely comprised of taxes.
Date: 2011-03
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