… We apply this methodology to assess the long-term fiscal situation … Our results show that, if
the current fiscal policy is not … that generational accounts provide fairly good approximations. …

… the basis of evaluating retirement policy. Focusing on … As noted earlier, similar research has
also identified changes in tax policy … one of the most significant challenges to our economic …

… Yet there are also significant arguments against fiscal rules that … While it is hard to judge
the design of fiscal rules without … incorporating generational accounts within budget rules, this …

… fiscal policy is that the intertemporal budget constraint of an economy shall not be violated.
This constraint implies that the present value of all current and future government fiscal … useful …

… We evaluate the ability of generational accounting to assess … , and then the generational
accounts do a very good job of … the generational accounts implied by changes in fiscal policy. …

… aims to estimate intergenerational inequality (generational … Generational accounting
evaluates fiscal policy from a medium… Generational accounting is a useful tool for quantitatively …

… Finally, given the “adjusted” fiscal policy, we derive the new generational accounts. …
Generational accounting is generally considered as a meaningful approach to evaluating fiscal policy…

… fiscal progressivity via a new measure – the lifetime net tax … Seventh, our focus is evaluating
fiscal progressivity ex-ante, … -cycle fluctuations, changes in fiscal policies, and changes in …

… Generational accounting is a method of long-term fiscal … assess the sustainability of fiscal
policy and to measure the … to do generational accounting for one simple but very good reason: …

… governance can reduce the financial burden on future … to evaluate the reduction of the
government's financial burden through the typology of drivers affecting generational accounting in …