Generational policy /
How generational policy affects the sustainability of a government's fiscal policy. In these eight 2002 Cairoli Lectures, presented at the Universidad Torcuato di Tella in Buenos Aires, Argentina, Laurence Kotlikoff shows how generational policy works, how it is measured, and how much it matter...
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| Main Author: | |
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
Cambridge, Mass. :
MIT Press,
2003.
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| Series: | Cairoli lecture series.
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| Subjects: | |
| Online Access: | CONNECT CONNECT |
MARC
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| 100 | 1 | |a Kotlikoff, Laurence J. | |
| 245 | 1 | 0 | |a Generational policy / |c Laurence J. Kotlikoff. |
| 260 | |a Cambridge, Mass. : |b MIT Press, |c 2003. | ||
| 300 | |a 1 online resource (xiv, 128 pages) | ||
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| 490 | 1 | |a Cairoli lecture series | |
| 504 | |a Includes bibliographical references and index. | ||
| 588 | 0 | |a Print version record. | |
| 520 | |a How generational policy affects the sustainability of a government's fiscal policy. In these eight 2002 Cairoli Lectures, presented at the Universidad Torcuato di Tella in Buenos Aires, Argentina, Laurence Kotlikoff shows how generational policy works, how it is measured, and how much it matters. Kotlikoff discusses the incidence and measurement of generational policy, the relationship of generational policy to monetary policy, and the vacuity of deficits, taxes, and transfer payments as economic measures of fiscal policy. Kotlikoff also illustrates generational policy's general equilibrium effects with a dynamic life-cycle simulation model and reviews the empirical evidence testing intergenerational altruism and risk sharing. The lectures were delivered as Argentina faced a devastating depression triggered, in large part, by unsustainable generational policy. Throughout the book, Kotlikoff connects his messages about generational policy to the Argentine situation and the Argentine government's policy mistakes. | ||
| 505 | 0 | 0 | |g I. |t Introduction -- |g II. |t The Incidence of Generational Policy -- |g III. |t Illustrating Generational Policy -- |g IV. |t Deficit Delusion and the Arbitrary Nature of Fiscal Labels -- |g V. |t Generational Accounting -- |g VI. |t Simulating Generational Policy -- |g VII. |t Ricardian Equivalence -- |g VIII. |t The Government's Role in Intergenerational Risk Sharing -- |g IX. |t Conclusion. |
| 546 | |a English. | ||
| 500 | |a MIT Press Direct to Open Backfile Complete Monographs |5 TMurS | ||
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| 651 | 0 | |a Argentina |x Economic conditions |y 1983- | |
| 651 | 0 | |a Argentina |x Economic policy. | |
| 650 | 0 | |a Economic policy. | |
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| 776 | 0 | 8 | |i Print version: |a Kotlikoff, Laurence J. |t Generational policy. |d Cambridge, Mass. : MIT Press, 2003 |z 0262112833 |w (DLC) 2003052740 |w (OCoLC)52216270 |
| 830 | 0 | |a Cairoli lecture series. | |
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