The Fiscal Stance in Sweden: A Generational Accounting Perspective
34 Pages Posted: 15 Feb 2006
Date Written: November 1995
Abstract
Generational accounts provide answers to a simple question: how much will future generations have to pay in net taxes as compared to today`s generations? In this paper, we review the concept of generational accounting and provide estimates for Sweden, where public finances deteriorated substantially after 1990. Accounts are computed on the basis both of policies in place in September 1994 and of subsequent measures adopted before end-1994. The results suggest that the measures will improve significantly the relative position of future generations, who would nevertheless continue to face a large net tax burden.
JEL Classification: H62
Suggested Citation: Suggested Citation
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