Generational Policy

Author/creator Kotlikoff, Laurence J. Author
Format Electronic
Publication InfoCambridge : MIT Press
Description142 p. 08.000 x 05.375 in.
Supplemental ContentFull text available from MIT Press Direct to Open Backfile HSS Monographs
Subjects

SeriesCairoli Lectures
Summary Annotation <p>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.</p>
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
LCCN 2003052740
ISBN9780262112833
ISBN0262112833 (Trade Cloth) Active Record
Standard identifier# 9780262112833
Stock number00015994