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Cover of Generational Accounting Around the World

Generational accounting around the world

By Alan J. Auerbach,Laurence J. Kotlikoff,Willi Leibfritz

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Publish Date

1999

Publisher

University of Chicago Press

Language

eng

Pages

534

Description:

Mounting government obligations and aging populations raise very serious concerns about the fiscal burdens left to future generations. Generational accounting, a method of long-term fiscal planning and analysis, directly measures these burdens as well as the costs of lowering them. The volume combines the latest and most extensive country-by-country generational analyses with a comprehensive review of generational accounting's innovative methodology and a devastating critique of conventional deficit accounting.