Demographic Change and Fiscal Policy [Hardcover]

An analyses the effect of changing demography in the US and elsewhere on tax revenues and public programmes.The essays in this volume discuss such timely topics as demographic change and the outlook for Social Security and Medicare in the United States; long term decision making under uncertainty; the effect of changing family structure on government spending; how the structure of public retirement policies has encouraged early retirement in some countries and not others; the response of local community spending to demographic change; and related topics. Contributors include many of the world's leading public finance economists and economic demographers.The essays in this volume discuss such timely topics as demographic change and the outlook for Social Security and Medicare in the United States; long term decision making under uncertainty; the effect of changing family structure on government spending; how the structure of public retirement policies has encouraged early retirement in some countries and not others; the response of local community spending to demographic change; and related topics. Contributors include many of the world's leading public finance economists and economic demographers.The essays in this volume discuss such timely topics as demographic change and the outlook for Social Security and Medicare in the United States; long term decision making under uncertainty; the effect of changing family structure on government spending; how the structure of public retirement policies has encouraged early retirement in some countries and not others; the response of local community spending to demographic change; and related topics. Contributors include many of the world's leading public finance economists and economic demographers.1. Introduction; 2. Population forecasting for fiscal planning: issues and innovations Ronald Lee and Shripad Tuljapurkar; Comment Daniel McFadden; Comment James Smith; 3. Uncertainty and the design of long-run fiscal policy Alan lƒš