Journal Article
Generational accounts for the United States: an update
Abstract: An examination of the continuing generational imbalance in U.S. fiscal policy, showing that under current policy, future generations will have to pay almost half of their lifetime labor incomes in net taxes to balance the government's book--more than 70% greater than the 28.6% today's newborns are slated to give up.
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File(s): File format is text/html http://www.clevelandfed.org/research/review/1997/97-q4-gokhale.pdf
Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Review
Publication Date: 1997
Issue: Q IV
Pages: 2-23