The DOI matches its Crossref record; 12 of the 12 references it cites were found in a registry or an index.
Generational Accounting: A Meaningful Way to Evaluate Fiscal Policy
Open accessAbstract
This paper illustrates the technique of generational accounting, a new way to evaluate fiscal policy that overcomes the inherent ambiguities of traditional deficit accounting. The authors illustrate why there is no ‘correct’ measure of the deficit and how generational accounting--estimating the fiscal burdens current policy places on different generations--provides a clearer picture of the intergenerational and macroeconomic effects of fiscal policy than any measure of the deficit. Their calculations suggest that, despite recent changes, U.S. fiscal policy is unsustainable in that it will ultimately require future generations to bear a much higher burden than those currently alive.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Filders, R. (1992) · International Journal of Forecasting · doi:10.1016/0169-2070(92)90130-2 · Cited by 16,165
(2019) · AEA Papers and Proceedings · doi:10.1257/pandp.109.612 · Cited by 10,902
Consumption and Liquidity Constraints: An Empirical Investigation
Zeldes, S. P. (1989) · Journal of Political Economy · doi:10.1086/261605 · Cited by 1,931
Keen, M., Auerbach, A. J., & Kotlikoff, L. J. (1989) · Economica · doi:10.2307/2554504 · Cited by 1,724
Self-citationInter-Vivos Transfers and Intergenerational Exchange
Cox, D., & Rank, M. R. (1992) · The Review of Economics and Statistics · doi:10.2307/2109662 · Cited by 578
Do Large Deficits Produce High Interest Rates
Evans, P. (2016) · American Economic Review · Cited by 390
Generational Accounts: A Meaningful Alternative to Deficit Accounting
Auerbach, A. J., Gokhale, J., & Kotlikoff, L. J. (1991) · Tax Policy and the Economy · doi:10.1086/tpe.5.20061801 · Cited by 350
Self-citationInterest Rates and Expected Future Budget Deficits in the United States
Evans, P. (1987) · Journal of Political Economy · doi:10.1086/261440 · Cited by 279
Generational Accounting: Knowing Who Pays, and When, for What We Spend
Kotlikoff, L. J. (1992) · Medical Entomology and Zoology · Cited by 219
Self-citationDo budget deficits raise nominal interest rates?
Evans, P. (1987) · Journal of Monetary Economics · doi:10.1016/0304-3932(87)90017-1 · Cited by 215
Cited by
Connolly, M. P., Panda, S., Mburu, G., Matsaseng, T., & Kiarie, J. (2021) · Reproductive Biomedicine & Society Online · doi:10.1016/j.rbms.2020.08.001 · Cited by 14
Metadata
- Authors
- Auerbach, A. J., Gokhale, J., & Kotlikoff, L. J.
- Venue
- Journal of Economic Perspectives
- Publisher
- American Economic Association
- Published
- 1994-02-01
- Volume
- 8
- Issue
- 1
- Pages
- 73-94
- ISSN
- 0895-3309 (ISSN-L)
- OpenAlex
- W2160983390
- Cited by
- 482
- References
- 12
- FWCI
- 48.74
- Type
- journal article
- Language
- en
- Open access
- bronze
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Generational Accounting: A Meaningful Way to Evaluate Fiscal Policy. https://app.cochat.ai/papers/10.1257/jep.8.1.73
- The paper
- Auerbach, A. J., Gokhale, J., & Kotlikoff, L. J. (1994). Generational Accounting: A Meaningful Way to Evaluate Fiscal Policy. Journal of Economic Perspectives. https://doi.org/10.1257/jep.8.1.73
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
