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Generational Accounts, Aggregate Saving and Intergenerational Distribution

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NBER1995-04-01 更新2025-01-04 收录
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Are generational accounts informative about the effect of the budget on the intergenerational distribution of resources and (when augmented with generation-specific propensities to consume out of life-time resources) on aggregate consumption and saving? The paper makes three points. First, the

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1995-04-01
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