Working Paper
Generational accounts: a meaningful alternative to deficit accounting
Abstract: A presentation of a set of generational accounts that can be used as an alternative to the federal budget deficit in assessing intergenerational policy, concluding that the fiscal burdens on future generations will be significantly larger than those on existing generations if current tax policy remains unchanged.
Keywords: Deficit financing; Fiscal policy;
Access Documents
File(s):
File format is application/pdf
https://fraser.stlouisfed.org/scribd/?item_id=494549&filepath=/docs/historical/frbclev/wp/frbclv_wp1991-03.pdf#scribd-open
Description: Full text
Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Working Papers (Old Series)
Publication Date: 1991
Number: 9103