Generational accounts in Hungary (1992-2001)
TÁRKI has conducted several generational accounting exercises that produced a time series of intergenerational balances for Hungary for each year between 1992 and 2001. 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 revealed a strong political business cycle of public spending.