Generational Accounts, Aggregate Savings, and Intergenerational Distribution:
Are generational accounts informative about the effect of the budget on the intergenerational distribution of resources and on aggregate saving? First, the usefulness of generational accounts lives or dies with the strict life-cycle model of household consumption. Second, even if the life-cycle mode...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
1996
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 96/76 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | Are generational accounts informative about the effect of the budget on the intergenerational distribution of resources and on aggregate saving? First, the usefulness of generational accounts lives or dies with the strict life-cycle model of household consumption. Second, even if the life-cycle model holds, generational accounts ignore the intergenerational redistribution associated with the government's provision of public goods and services and with intergenerational externalities. Third, generational accounting ignores the effect of the budget on tax and transfer bases and on before-tax incomes and prices. That is, it does not handle incidence or general equilibrium repercussions |
| Beschreibung: | 1 Online-Ressource (32 p) |
| ISBN: | 1451849826 9781451849820 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:19Z |
| indexdate | 2024-07-10T09:35:26Z |
| institution | BVB |
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| spelling | Buiter, Willem H. Verfasser aut Generational Accounts, Aggregate Savings, and Intergenerational Distribution Buiter, Willem H Washington, D.C International Monetary Fund 1996 1 Online-Ressource (32 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 96/76 Are generational accounts informative about the effect of the budget on the intergenerational distribution of resources and on aggregate saving? First, the usefulness of generational accounts lives or dies with the strict life-cycle model of household consumption. Second, even if the life-cycle model holds, generational accounts ignore the intergenerational redistribution associated with the government's provision of public goods and services and with intergenerational externalities. Third, generational accounting ignores the effect of the budget on tax and transfer bases and on before-tax incomes and prices. That is, it does not handle incidence or general equilibrium repercussions Online-Ausg http://elibrary.imf.org/view/IMF001/02725-9781451849820/02725-9781451849820/02725-9781451849820.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Buiter, Willem H. Generational Accounts, Aggregate Savings, and Intergenerational Distribution |
| title | Generational Accounts, Aggregate Savings, and Intergenerational Distribution |
| title_auth | Generational Accounts, Aggregate Savings, and Intergenerational Distribution |
| title_exact_search | Generational Accounts, Aggregate Savings, and Intergenerational Distribution |
| title_exact_search_txtP | Generational Accounts, Aggregate Savings, and Intergenerational Distribution |
| title_full | Generational Accounts, Aggregate Savings, and Intergenerational Distribution Buiter, Willem H |
| title_fullStr | Generational Accounts, Aggregate Savings, and Intergenerational Distribution Buiter, Willem H |
| title_full_unstemmed | Generational Accounts, Aggregate Savings, and Intergenerational Distribution Buiter, Willem H |
| title_short | Generational Accounts, Aggregate Savings, and Intergenerational Distribution |
| title_sort | generational accounts aggregate savings and intergenerational distribution |
| url | http://elibrary.imf.org/view/IMF001/02725-9781451849820/02725-9781451849820/02725-9781451849820.xml |
| work_keys_str_mv | AT buiterwillemh generationalaccountsaggregatesavingsandintergenerationaldistribution |