This paper assesses the generational stance of fiscal policy in Denmark. The results suggest that if current fiscal policy remains unchanged, the growth-adjusted lifetime net tax payments of future generations would be about 50 per cent higher than those paid by current newborns. It is found...

This paper investigates the impact of immigration on intertemporal public budgets. A modified generational accounting framework is employed to compute the average net contribution of migrants to the public sector budget in Germany. Our findings suggest that the overall fiscal contribution of...

Using the device of generational accounting, this paper assesses the distribution of lifetime net tax payments acros gender and generations in Denmark. We find two significant imbalences associated with current fiscal policy. First, not only do men contribute a much larger share of their...