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Working Paper

Generational Accounting: A New Approach for Understanding the Effects of Fiscal Policy on Saving

An application of generational accounting to fiscal policies that feature intergenerational redistribution. The authors consider different policies, only some of which show up as a change in the deficit, and explore their impact on the net national saving rate.

Suggested Citation

Auerbach, Alan, Jagadeesh Gokhale, and Laurence Kotlikoff. 1991. “Generational Accounting: A New Approach for Understanding the Effects of Fiscal Policy on Saving.” Federal Reserve Bank of Cleveland, Working Paper No. 91-07. https://doi.org/10.26509/frbc-wp-199107