Problems associated with employment have become a major issue in regional economics, especially in those countries …, such as Spain, where unemployment represents a serious threat to regional stability. In this context, the purpose of our … paper is twofold: first, to develop a prediction instrument for regional employment, one which should be flexible and …

that current fiscal policy is also intertemporally balanced provided that the favourable present employment situation lasts …-boomers' retirement. The improvement of employment has played an important role in this situation. We extend the standard generational … accounting methodology incorporating tax and transfer age profiles by employment status. This permits us to analyse the possible …