Abstract
Within less than a decade, generational accounting has become a well-established concept among analysts to address issues of generational redistribution through public sector budgets. The considerable success of the method is owed to the fact that it responds to growing concerns of policy debates about the long-term sustainability of public finances in a changing demographic and economic environment. As the present study has shown, generational accounting translates these concerns into practicable and accessible measures of generational redistribution, which move beyond the short-sighted traditional perspective of cash-flow budgeting.
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© 2001 Springer-Verlag Berlin Heidelberg
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Bonin, H. (2001). Whither Generational Accounting?. In: Generational Accounting. Population Economics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-04595-4_8
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DOI: https://doi.org/10.1007/978-3-662-04595-4_8
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-07601-5
Online ISBN: 978-3-662-04595-4
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