Reply to diamond's and cutler's reviews of generational accounting

National Tax Journal

Volumn 50, Issue 2, 1997, Pages 303-314

  Kotlikoff, Laurence J ^a,b  

^a BOSTON UNIVERSITY   (United States)

^b NATIONAL BUREAU OF ECONOMIC RESEARCH   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0006513630     PISSN: 00280283     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (16)

1. Abel, Andrew, and Laurence J. Kotlikoff. "Intergenerational Altruism and the Effectiveness of Fiscal Policy: New Tests Based on Cohort Data." In Savings and Bequests, edited by Toshiaki Tachibanaki. Ann Arbor: University of Michigan Press, 1994.
2. Altonji, Joseph, Fumio Hayashi, and Laurence J. Kotlikoff. "Is the Extended Family Altruistically Linked? Direct Tests Using Micro Data." American Economic Review 82 No. 5 (December, 1992): 1177-8.
3. Altonji, Joseph, Fumio Hayashi, and Laurence J. Kotlikoff. "Parental Altruism and Inter Vivos Transfers: Theory and Evidence." Journal of Political Economy (forthcoming, 1997).
4. Altonji, Joseph, and Aloysious Siow. "Testing the Response of Consumption to Income Changes with (Noisy) Panel Data." Quarterly Journal of Economics 102 No. 2 (May, 1987): 293-328.
5. Auerbach, Alan J., Laurence J. Kotlikoff, and Willi Leibfritz, eds. Generational Accounting Around the World. Cambridge, MA: National Bureau of Economic Research, 1998 (forthcoming).
6. Campbell, John, and Greg Mankiw. "Consumption, Income, and Interest Rates: Reinterpreting the Time Series Evidence." In NBER Macroeconomic Annual, edited by Olivier Jean Blanchard and Stanley Fischer, 195-216. Chicago: University of Chicago Press, 1989.
7. Carroll, Christopher. "Buffer Stock Saving and the Life Cycle/Permanent Income Hypothesis." Quarterly Journal of Economics 112 No. 1 (February, 1997): 1-55.
8. Carroll, Christopher, and Lawrence H. Summers. "Consumption Growth Parallels Income Growth: Some New Evidence." In National Saving and Economic Performance. edited by B. Douglas Bernheim and John Shoven, 305-43. Chicago: University of Chicago Press, 1991.
9. Cutler, David. "Review of Generational Accounting: Knowing Who Pays, and When, for What We Spend." National Tax Journal 46 No. 1 (March, 1993): 61-7.
10. Diamond, Peter. "Generational Accounts and Generational Balance: An Assessment." National Tax Journal 49 No. 4 (December, 1996): 597-607.
11. Fehr, Hans, and Laurence J. Kotlikoff. "Generational Accounting in General Equilibrium." FinanzArchiv 53 No. 1 (1996-1997): 1-27.
12. Gokhale, Jagadeesh, Laurence J. Kotlikoff, and John Sabelhaus. "Understanding the Postwar Decline in United States Saving: A Cohort Analysis." Brookings Papers on Economic Activity 1 (1996): 315-90.
13. Hayashi, Fumio. "Tests for Liquidity Constraints: A Critical Survey and Some New Observations." In Advances in Econometrics: Fifth World Congress, Vol. 2, edited by F. Truman Brewley. New York: Cambridge University Press, 1987.
14. Hayashi, Fumio, Joseph Altonji, and Laurence J. Kotlikoff. "Risk-Sharing Between and Within Families." Econometrica 64 No. 2 (March, 1996): 261-94.
15. Kotlikoff, Laurence J. Generational Accounting. New York: The Free Press, 1992.
16. Kotlikoff, Laurence J. "From Deficit Delusion to the Fiscal Balance Rule - Looking for a Sensible Way to Measure Fiscal Policy." The Journal of Economics. (Seventh Supplement 1993): 17-41.