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Who Pays & When? An Assessment of Generational Accounting
Who Pays & When? An Assessment of Generational Accounting
 
Our Price: $20.00
Year: 1995
Pages: 66
Binding Paperback

Product Code: 0788184636

Description
 
Sherwood D. Kohn (ed). Fiscal policy affects future as well as current generations; someone must pay at some time for all that government ever spends. If one generation pays less for a given amount of spending, another generation pays more. Generational Accounting (GA) estimate who pays for all that government ever buys. Chapters: the deficit does not show the effects of policy by age, but GA aim to show this; elements of GA; findings of GA; uncertainties & ambiguities in GA; is the zero-sum constraint necessary? how GA treat taxes on income from capital; the roles of GA & the standard budget accounts; & how GA were developed under alternative economic & demographic assumptions.

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