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"An analysis of U.S. fiscal and generational imbalances : who will pay and how?"

Batini, Nicoletta; Callegari, Giovanni; Guerreiro, Julia - 2011

Persistent link: https://www.econbiz.de/10009486240

Dore, Ousmane - 1998

This paper presents the first set of generational accounts prepared for France, illustrating the impact on different generations of current policy settings. It was developed using age profiles of taxes and transfers drawn from a 1990 survey and recent demographic projections. The results...

Persistent link: https://www.econbiz.de/10014400677

An Analysis of U.S. Fiscal and Generational Imbalances : Who Will Pay and How?

Batini, Nicoletta - 2011

This paper updates existing measures of the U.S. fiscal gap to include federal laws up to and including the mid-December 2010 federal fiscal stimulus. It then applies the methodology of generational accounting to establish how the burden of adjustment required to attain fiscal sustainability is...

Persistent link: https://www.econbiz.de/10014401268

Generational Accounts, Aggregate Savings, and Intergenerational Distribution

Buiter, Willem H. - 1996

Are generational accounts informative about the effect of the budget on the intergenerational distribution of resources and on aggregate saving? First, the usefulness of generational accounts lives or dies with the strict life-cycle model of household consumption. Second, even if the life-cycle...

Persistent link: https://www.econbiz.de/10014397511

The Fiscal Stance in Sweden : A Generational Accounting Perspective

John, Christoph - 1995

The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...

Persistent link: https://www.econbiz.de/10014395956

Authorities' fiscal forecasts in Latin America : are they optimistic?

Hadzi-Vaskov, Metodij; Ricci, Luca Antonio; Werner, … - 2021

documents of the following years to understand the evolution of fiscal forecast errors. Our findings suggest that: (i) for most … terms of drivers, we show that forecast errors for the fiscal balance-to-GDP ratio are positively correlated with GDP growth … and terms of trade changes and negatively with GDP deflator surprises; (iv) forecast errors for public debt-to-GDP ratios …

Persistent link: https://www.econbiz.de/10012612338

Predicting fiscal crises

Cerovic, Svetlana; Gerling, Kerstin; Hodge, Andrew; … - 2018

This paper identifies leading indicators of fiscal crises based on a large sample of countries at different stages of development over 1970-2015. Our results are robust to different methodologies and sample periods. Previous literature on early warning sistems (EWS) for fiscal crises is scarce...

Persistent link: https://www.econbiz.de/10011905898

Sharing resource wealth inclusively within and across generations

Pouokam, Nathalie - 2021

This paper discusses the main challenges faced by resource-rich nations in promoting equity; describes policy tools available for managing exhaustible natural resources; and analyzes the relationship between resource wealth and state fragility. It is argued that human capital accumulation,...

Persistent link: https://www.econbiz.de/10012604778

Intergenerational implications of fiscal consolidation in Japan

Tokuoka, Kiichi - 2012

In Japan, intergenerational inequality in lifetime resources is substantial, with a heavier fiscal burden on the young than the old. Moreover, given the need for fiscal consolidation, the inequality is even worse than existing policy would suggest. However, this does not mean that fiscal...

Persistent link: https://www.econbiz.de/10009621690

Generational aspects of inclusive growth

Baduel, Bénédicte; Isakova, Asel; Ter-Martirosyan, Anna - 2021

Sharing economic benefits equitably across all segments of society includes addressing the specific challenges of different generations. At present, youth and elderly are particularly vulnerable to poverty relative to adults in their middle years. Broad-based policies should aim to foster youth...

Persistent link: https://www.econbiz.de/10012518902

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