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...

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Détails bibliographiques
Auteur principal: Buiter, Willem
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1996.
Collection:IMF Working Papers; Working Paper ; No. 1996/076
Accès en ligne:Full text available on IMF