Balassone, Fabrizio; Pavot, Jeanne; Cunha, Jorge Correia da - 2009
In this paper we examine the sustainability of euro area public finances against the backdrop of population ageing. We … alternative indicators to quantify sustainability gaps for euro area countries. With respect to the policy implications, we assess … adjustment in a disproportionate way to future generations. For many euro area countries this implies that the medium …