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An Analysis of U.S. Fiscal and Generational Imbalances: Who Will Pay and How?

Nicoletta Batini
4.9/5 (27407 ratings)
Read Now Download Now ⏭ listen AudioBook
Description:This paper updates existing measures of the U.S. fiscal gap to include federal laws up to and including the mid-December 2010 federal fiscal stimulus. It then applies the methodology of generational accounting to establish how the burden of adjustment required to attain fiscal sustainability is shared across generations. We find that the U.S. fiscal and generational imbalances are large under plausible parametric assumptions, and, while not much affected by the financial crisis, they have not improved much by the passing of the Final Healthcare Legislation. We find that, under our baseline scenario, a full elimination of the fiscal and generational imbalances would require all taxes to go up and all transfers to be cut immediately and permanently by 35 percent. A delay in the adjustment makes it more costly.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with An Analysis of U.S. Fiscal and Generational Imbalances: Who Will Pay and How?. To get started finding An Analysis of U.S. Fiscal and Generational Imbalances: Who Will Pay and How?, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
40
Format
PDF, EPUB & Kindle Edition
Publisher
Not Avail
Release
2011
ISBN
6613877719

An Analysis of U.S. Fiscal and Generational Imbalances: Who Will Pay and How?

Nicoletta Batini
4.4/5 (1290744 ratings)
Read Now Download now ⏭ listen AudioBook
Description: This paper updates existing measures of the U.S. fiscal gap to include federal laws up to and including the mid-December 2010 federal fiscal stimulus. It then applies the methodology of generational accounting to establish how the burden of adjustment required to attain fiscal sustainability is shared across generations. We find that the U.S. fiscal and generational imbalances are large under plausible parametric assumptions, and, while not much affected by the financial crisis, they have not improved much by the passing of the Final Healthcare Legislation. We find that, under our baseline scenario, a full elimination of the fiscal and generational imbalances would require all taxes to go up and all transfers to be cut immediately and permanently by 35 percent. A delay in the adjustment makes it more costly.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with An Analysis of U.S. Fiscal and Generational Imbalances: Who Will Pay and How?. To get started finding An Analysis of U.S. Fiscal and Generational Imbalances: Who Will Pay and How?, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
40
Format
PDF, EPUB & Kindle Edition
Publisher
Not Avail
Release
2011
ISBN
6613877719

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