Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/56412 
Erscheinungsjahr: 
1999
Schriftenreihe/Nr.: 
Diskussionsbeiträge No. 77
Verlag: 
Albert-Ludwigs-Universität Freiburg, Institut für Finanzwissenschaft, Freiburg i. Br.
Zusammenfassung: 
In 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.
Schlagwörter: 
Sustainable Public Finances
Generational Accounting
European Union
JEL: 
E62
H55
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
6.95 MB





Publikationen in EconStor sind urheberrechtlich geschützt.