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Generational Policy : Cairoli Lectures - Laurence J. Kotlikoff

Generational Policy

Cairoli Lectures

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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.

"This book is a clear and concise summary of the voluminous and painstaking research carried out by Kotlikoff and others, which has exposed the enormous generational imbalance created by government policies in the U.S. and elsewhere. It is an excellent synthesis of and contribution to the debate."--Fumio Hayashi, Department of Economics, University of Tokyo

ISBN: 9780262112833
ISBN-10: 0262112833
Series: Cairoli Lectures
Audience: Professional
For Ages: 18+ years old
Format: Hardcover
Language: English
Number Of Pages: 143
Published: 7th November 2003
Country of Publication: US
Dimensions (cm): 20.3 x 13.7  x 2.5
Weight (kg): 0.29