Benz, Ulrich; Hagist, Christian - In: Journal of Economics and Statistics (Jahrbuecher fuer … 228 (2008) 4, pp. 299-316
Generational accounting is - given the future demographic developments in OECD countries - an established tool to quantify the fiscal situation of public coffers. However, as all economic methods dealing with future developments it has critical points. One in particular is the calibration on one...