Generational Accounting - GA

Generational Accounting - Generational accounts in Hungary, 1992-2001 (GA HU)(Ministry of Finance)
TÁRKI has conducted several generational accounting exercises, the most recent of which produced a time series of intergenerational balances for Hungary for each year between 1992 and 2001. That is to say, the same calculation was performed on the budget of the general government - applying the same set of assumptions on tax incidence, the breakdown of household consumption by individual household members, and other relevant methodological issues - in order to get truly comparable results. The time series reveal a strong political business cycle of public spending.
R. I. Gál, et al. 2005. "Generational accounts in Hungary, 1992-2001" is downloadable from the Ministry of Finace'a website