Comas, Eduardo Berenguer; Bonin, Holger; Raffelhuschen, … - Facultat d'Economia i Empresa, Universitat de Barcelona - 1998
This paper assesses the intergenerational stance of fiscal policy in Spain by using the method of Generational Accounting. It is found that both the demographic transition and the oustanding public debt induce net payments of future generations exceeding those of current newborns by...