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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Dettagli Bibliografici
Autore principale: Buiter, Willem
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1996.
Serie:IMF Working Papers; Working Paper ; No. 1996/076
Accesso online:Full text available on IMF