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Author: | Agulnik, P. Carcadelli, R. Sefton, J. |
Title: | The pensions green paper: a generational accounting perspective |
Journal: | Economic Journal
2000 : NOV, VOL. 110:467, p. F598-F610 |
Index terms: | PENSIONS ACCOUNTING UNITED KINGDOM |
Language: | eng |
Abstract: | In this note the authors show how the policy proposals contained in the government's Green Paper on pensions (DSS, 1998) affect the long term sustainability of the UK's public finances and redistribution between current and future generations. Using the methodology of generational accounting the authors show that the proposals in the Green Paper will marginally increase the tax rise needed to ensure intertemporal solvency, and slightly worsen generational imbalances. |
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