Balanço intergeracional: o caso brasileiro

Abstract

The paper presents the methodology of generational accounting and estimates the impact of current and alternative fiscal policies on the amount present and future generations can expect to pay and receive from the government. Application of generational accounting to the Brazilian case suggests that the actual path of fiscal policy, coupled with a demographic transition, imposes a high tax burden on future generations. The paper also shows the increase in tares or the reduction in government consumption and transfer payments necessary to produce intergenerational balance. If also investigates how changes in the population, in the composition of social security benefits', or in the tax structure can affect the tax burden to he placed upon different generations.