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GENERATIONAL ACCOUNTING—AN AUSTRALIAN PERSPECTIVE
Author(s) -
Ablett John
Publication year - 1996
Publication title -
review of income and wealth
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.024
H-Index - 57
eISSN - 1475-4991
pISSN - 0034-6586
DOI - 10.1111/j.1475-4991.1996.tb00148.x
Subject(s) - redistribution (election) , economics , perspective (graphical) , macroeconomics , labour economics , political science , law , artificial intelligence , politics , computer science
This paper presents a set of generational for Australia, following the approach developed in the U. S. by Auerbach, Gokhale and Kotlikoff. In Contrast to the Auerbach et al. , results for the U. S., the generational accounts presented here do not imply that a disproportionately high fiscal burden will have to be borne by future generations in Australia. In the paper, generational accounts are used to estimate intergenerational redistribution related to policy changes in the area of public retirement pensions.