This chapter surveys the literature on the macroeconomic effects of government debt. It begins by discussing the data on debt and deficits, including the historical time series …
This book draws on a wealth of evidence including young people's own stories, to document how they are now faring in increasingly unequal societies like America, Britain, Australia …
The idea for this book came from the time the authors spent at the Statistics and Applied Mathematical Sciences Institute (SAMSI) in Research Triangle Park in North Carolina …
W HY DO PEOPLE save? J. Maynard Keynes (1936) lists eight motives which we reproduce here with one addi-tion: 1 1." To build up a reserve against unforeseen contingencies"(the …
This chapter reviews the concepts, methods, and results of studies that analyze the incidence of taxes. The purpose of such studies is to determine how the burden of a …
This paper illustrates the technique of generational accounting, a new way to evaluate fiscal policy that overcomes the inherent ambiguities of traditional deficit accounting. The authors …
RD Lee - Demography of aging, 1994 - books.google.com
The human life-cycle has two stages of dependency—childhood and old age—separated by a long stage of surplus production. Dependent age groups are sustained by flows of …
Sustainability of pension systems, intergeneration fiscal equity under population aging, and accounting for health care benefits for future retirees are examples of problems that cannot …
The appeal to'our obligations to future generations' is one of the most forceful, emotional and effective arguments available to politicians and citizens and is the cornerstone of all modern …