GENERATIONAL ACCOUNTS AND GENERATIONAL BALANCE: AN ASSESSMENT

Generational Accounts for the United States: An Update

by Jagadeesh Gokhale, Benjamin R. Page, and John R. Sturrock Jagadeesh Gokhale is an economic advisor at the Federal Reserve Bank of Cleveland, and Benjamin R. Page and John R. Sturrock are economic analysts at the Congressional Budget Office. The authors thank Robert Kilpatrick and Laurence Kotlikoff for helpful discussions. This article is reprinted, with additions, from Generational Accounts...

Generational Accounts And Lifetime Tax Rates, 1900-1991

Generational accounting is a new method for determining how government deficits, taxes, transfer payments, and other expenditures affect the distribution of income and wealth among different generations.The technique is still being developed, and a number of the assumptions used to estimate the accounts are controversial. Auerbach, Gokhale, and Kotl~koff (19911, Kotlikoff (19921, and Office of ...

Inter - Generational and Spatial Equity Issues of Carbon Accounts

We analyze the different regional and generational contributions to increases of C02 concentrations resulting from fossil-fuel use since the onset of the industrial revolution. Equitable future per capita emission allowances under a range of concentration stabilization scenarios (additional 140, 280, and 420 ppm over pre-industrial levels) by the year 2100 are outlined. The intraand inter-gener...

Generational Policy

Generational policy is a fundamental aspect of a nation's fiscal affairs. The policy involves redistributing resources across generations and allocating to particular generations the burden of paying the government's bills. This chapter of the second edition of The Handbook of Public Economics shows how generational policy works, how it's measured, and how much it matters to virtual as well as ...

Generational bridge