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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 …
Persistent link: https://www.econbiz.de/10011401525
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 …
Persistent link: https://www.econbiz.de/10013320929
these effects in the generational accounting framework. An empirical application for Spain illustrates that our proposed … decomposition of indicators is empirically relevant. Standard generational accounting suggests that fiscal sustainability in Spain …
Persistent link: https://www.econbiz.de/10010204041
In the literature, several approaches have been taken to measure the impact of demographic ageing on public pension schemes, with particular attention being paid to potential fiscal imbalances across the generations involved in demographic transition. In this paper, we review three of these...
Persistent link: https://www.econbiz.de/10011514130
In the literature, several approaches have been taken to measure the impact of demographic ageing on public pension schemes, with particular attention being paid to potential fiscal imbalances across the generations involved in demographic transition. In this paper, we review three of these...
Persistent link: https://www.econbiz.de/10001731851
Persistent link: https://www.econbiz.de/10001777192
Persistent link: https://www.econbiz.de/10001580621
The paper surveys the methodology of generational accounting, a tool for gauging intertemporal imbalance in government finances facing demographic transition. Starting from the fiscal balance rule providing the theoretical background, we review the methods of generational accountants for...
Persistent link: https://www.econbiz.de/10013319534
In the literature, several approaches have been taken to measure the impact of demographic ageing on public pension schemes, with particular attention being paid to potential fiscal imbalances across the generations involved in demographic transition. In this paper, we review three of these...
Persistent link: https://www.econbiz.de/10013320105
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 …
Persistent link: https://www.econbiz.de/10010262513