Generational accounting

Generational accounting

Generational accounting is a method of accounting for redistribution of lifetime tax burdens across generations from social insurance, including social security and social health insurance. It goes beyond conventional government budget measures, such the national debt and budget deficits, by accounting for projected future net taxes that may not be reflected in a pay-as-you-go system of social insurance. The latter includes only "current" outlays for retirees financed by "current" taxes. Uses include projecting future taxes and outlays from different prospective current policies. For example, if a fall in labor-force growth from an earlier fall in the birth rate is projected to increase the proportion of retirees to the labor force, generational accounting might examine different projected changes in taxes or program benefits to finance the change. [Jagadeesh Gokhale (2008). "Generational accounting." "The New Palgrave Dictionary of Economics, 2nd Edition". [http://www.dictionaryofeconomics.com/article?id=pde2008_G000203&q=generational%20accounting&topicid=&result_number=1 Abstract.] ] __NOTOC__

Notes

ee also

* Distribution (economics)
* Laurence J. Kotlikoff
* National accounts
* Wealth (economics)

References

* Laurence J. Kotlikoff (1987). "Social security," "", v. 4, pp. 418-20.
* Laurence J. Kotlikoff (1992). "Generational Accounting: Knowing Who Pays, and When, for What We Spend", The Free Press.
* Alan J. Auerbach, Jagadeesh Gokhale and Laurence J. Kotlikoff (1994). "Generational Accounting: A Meaningful Way to Evaluate Fiscal Policy ," "Journal of Economic Perspectives", 8(1) , p [http://www.jstor.org/pss/2138152 p. 73] -94.
* Robert Haveman (1994). "Should Generational Accounts Replace Public Budgets and Deficits?" "Journal of Economic Perspectives", 8(1), p [http://www.jstor.org/pss/2138153 p. 95] -111.
* Laurence J. Kotlikoff and Bernd Raffelhüschen (1999). "Generational Accounting around the Globe," "American Economic Review", 89(2), p [http://www.jstor.org/pss/117099 p. 161] -166.
* Willem H. Buiter (1997). "Generational Accounts, Aggregate Saving and Intergenerational Distribution," "Economica", N.S., 64(256) , p [http://www.jstor.org/pss/2555103 p. 605] -626.
* Alan J. Auerbach, Laurence J. Kotlikoff, and Willi Leibfritz (1999). "Generational Accounting Around the World." 534 pp. [http://books.google.com/books?hl=en&lr=&id=bFv8wwu5IjMC&oi=fnd&pg=PA1&dq=%22Generational+Accounting+Around+the+World%22&ots=FBRINklDR4&sig=bzhW9z-caRysZfEjCGEArcQHZsY Preview.]
* Holger Bonin (2001)). "Generational Accounting: Theory and Application". Springer. [http://books.google.com/books?id=jWdooe1SwmcC&printsec=frontcover&dq=%22Generational+accounting%22&lr=#PPP1,M1 Preview.]
* World Bank (2001). "Generational Accounting." as lecture [http://info.worldbank.org/etools/docs/library/77603/june2001/pdfppt/kotlikoff1.pdf outline.] Simple as ABC.


Wikimedia Foundation. 2010.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • Generational Accounting — An accounting method that considers how current fiscal policies affect future generations. Generational accounting analyzes whether government spending and tax programs that benefit current members of society will produce an unfair tax obligation …   Investment dictionary

  • Generational Accounting — Die intergenerative Belastungsrechnung (englisch (inter)generational accounting), auch Generationenrechnungswesen, stellt Instrumente zur Überprüfung der Generationengerechtigkeit bereit. Hierbei werden Teilaspekte der Fiskalpolitik beleuchtet.… …   Deutsch Wikipedia

  • Intergenerational Accounting — Die intergenerative Belastungsrechnung (englisch (inter)generational accounting), auch Generationenrechnungswesen, stellt Instrumente zur Überprüfung der Generationengerechtigkeit bereit. Hierbei werden Teilaspekte der Fiskalpolitik beleuchtet.… …   Deutsch Wikipedia

  • National accounts — Economics …   Wikipedia

  • Laurence Kotlikoff — Infobox Person name = Laurence J. Kotlikoff image size = 121px caption = birth date = birth date and age|1951|01|30 birth place = death date = death place = occupation = Economist, Professor, Author spouse = parents = children = website =… …   Wikipedia

  • Generation — For other uses, see Generation (disambiguation). Five generations of one family: in the center, a child; on the far left, her mother; on the far right, the child s grandmother; second from the left, the child s great grandmother; and second from… …   Wikipedia

  • Wealth — For other uses, see Wealth (disambiguation). Wealth is the abundance of valuable resources or material possessions. The word wealth is derived from the old English wela, which is from an Indo European word stem.[1] An individual, community,… …   Wikipedia

  • Wealth (economics) — In economics and business, wealth of a person or nation is the value of assets owned net of liabilities owed (to foreigners in the case of a nation) at a point in time. The assets include those that are tangible (land and capital) and financial… …   Wikipedia

  • Demographic economics — or population economics is the application of economics to demography, the study of human populations, including size, growth, density, distribution, and vital statistics.[1] Analysis includes economic determinants and consequences of marriage… …   Wikipedia

  • Tasa de dependencia — por país en 2008, según el Banco Mundial. Tasa de dependencia es el índice demográfico que expresa, en forma de tasa y en porcentaje, la relación existente entre la población dependente y la población productiva, de la que aquella depende. En las …   Wikipedia Español

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”