Working Paper

Generational accounting: a new approach for understanding the effects of fiscal policy on saving

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;

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Working Papers (Old Series)

Publication Date: 1991

Number: 9107