FISCAL REFORM IN SWEDEN: WHAT GENERATIONAL ACCOUNTING TELLS US |
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| Authors: | ROBERT P. HAGEMANN CHRISTOPH JOHN |
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| Affiliation: | Senior Economist, International Monetary Fund, Europe, Phone 33-1-40-69-30-87 Fax 33-1-47-23-40-89, E-Mail;Ph.D. candidate, University of Konstanz, Germany Phone 49-75-31-882565, Fax 49-75-31-884101 E-Mail |
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| Abstract: | Generational accounts answer the simple question of how much future generations will have to pay in net taxes as compared to today's generations. This paper briefly reviews the concept of generational accounting and provides estimates for Sweden, where public finances deteriorated significantly after 1990. The results suggest that the measures adopted since 1994 should improve dramatically the relative position of future generations, who may nevertheless be expected to face large net tax bills. |
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