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Intra-Generational Conflict: The Role of Balanced Budget Rules
Stockholm University, Faculty of Social Sciences, Institute for International Economic Studies.
2003 (English)Report (Other academic)
Abstract [en]

A balanced budget requirement affects the intra-generational wealth distribution and reduces the socially preferred level of government spending. These effects can explain why some groups support balanced budget rules while other groups in the same generation oppose them. Simulations suggest that the intra-generational distributive conflicts surrounding balanced budget rules are prevalent. Survey data suggests that they are empirically relevant. Intra-generational conflict offers a coherent explanation for the observed partial support balanced budget rules

Place, publisher, year, edition, pages
Stockholm: IIES , 2003. , 28 p.
Series
Seminar Paper / Institute for International Economic Studies, Stockholm University. (Online), ISSN 1653-610X ; 722
National Category
Economics
Identifiers
URN: urn:nbn:se:su:diva-42062OAI: oai:DiVA.org:su-42062DiVA: diva2:343806
Available from: 2010-08-16 Created: 2010-08-16 Last updated: 2010-08-16Bibliographically approved

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CiteExportLink to record
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