Generational accounting is a relatively recent methodology that measures the fiscal burden government policies impose on future generations. Comparing the fiscal burden of future generations to the burden levied on current newborns yields the generational imbalance. Micro data from the Household...

The paper analyses the incentives that Estonian state pension scheme imposes on retirement incentives. The specific focus is on actuarial neutrality and benefit equivalence of adjustments for early and late retirement.The benefit adjustments for early and deferred retirement set in current...

Generational accounting is a relatively recent methodology that measures the fiscal burden government policies impose on future generations. Comparing the fiscal burden of future generations to the burden levied on current newborns yields the generational imbalance. Micro data from the Household...