This paper summarizes findings reported in a forthcoming NBER volume entitled 'Generational Accounting Around the World.' This volume includes generational acco

The realities of mounting government debt, tax burdens, and an aging population raise serious concerns about the financial legacy confronting future generations

Most of the Organization for Economic Co-operation and Development (OECD) countries will face an ageing process of their populations over the next four decades.

This paper presents the first set of generational accounts prepared for France, illustrating the impact on different generations of current policy settings. It

'While there already exists a crowded body of publications addressing the effect of an aging population on the economy, this monograph is most outstanding in pr