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dc.contributor.authorBonin, Holgeren
dc.contributor.authorRaffelhüschen, Bernden
dc.date.accessioned2012-03-27-
dc.date.accessioned2012-03-29T14:17:20Z-
dc.date.available2012-03-29T14:17:20Z-
dc.date.issued1999-
dc.identifier.pidoi:10.6094/UNIFR/13492en
dc.identifier.piurn:nbn:de:bsz:25-freidok-134921en
dc.identifier.urihttp://hdl.handle.net/10419/56412-
dc.description.abstractIn this paper, we discuss the latest generational accounting results for 12 of the 15 EU member states, which were prepared on behalf of the European Commission by an international team of experts. We proceed as follows: Section 2 summarises the characteristic features of the standardised generational accounting concept on which the computations were based. Section 3 investigates the divergence of the European countries in terms of long-run fiscal sustainability, and attempts to work out the fundamental forces behind this outcome. Section 4 focuses on the long-term state of fiscal policy in Germany and the UK. This seems instructive, since the two states run markedly contrasted public pension systems. Counterfactual experiments are used to assess the potential for more balanced fiscal policy. Section 5 concludes the paper.en
dc.language.isoengen
dc.publisher|aAlbert-Ludwigs-Universität Freiburg, Institut für Finanzwissenschaft |cFreiburg i. Br.en
dc.relation.ispartofseries|aDiskussionsbeiträge |x77en
dc.subject.jelE62en
dc.subject.jelH55en
dc.subject.ddc330en
dc.subject.keywordSustainable Public Financesen
dc.subject.keywordGenerational Accountingen
dc.subject.keywordEuropean Unionen
dc.subject.stwFinanzpolitiken
dc.subject.stwKonvergenzkriterienen
dc.subject.stwIntergenerative Belastungsrechnungen
dc.subject.stwEU-Staatenen
dc.subject.stwDeutschlanden
dc.subject.stwGroßbritannienen
dc.titlePublic finances in the European Union: Is convergence sustainable?-
dc.typeWorking Paperen
dc.identifier.ppn689264577en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:alufin:77en

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