Intergenerational Redistribution and Fiscal Policy

Article Abstract:

Fiscal policy in Australia implies an intertemporal redistribution of wealth. The usefulness of generational accounts to put value on that intertemporal redistribution has been studied. At the fiscal policy level, significant fears over consequences of having an aging population in a welfare state can be justifiable only in a context of growth in age-specific social security costs. Health expenditures would be an example. They would have to exceed growth in income per person. Implementation of policies more generationally neutral, policies that do not bring intergenerational redistribution, could be useful for avoiding significant intergenerational redistribution if growth occurs in a way that is not evenly spread.

Economic aspects, Fiscal policy

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Monitoring the Performance of Government Trading Enterprises

Article Abstract:

Single performance measurement models are insufficient to provide comprehensive, overall assessment of Australia's government trading enterprises. Without financial measures, productivity gains may be made to the detriment of economic efficiency and financial performance. Without total factor productivity, economic rents may be achieved through market power instead of improvement in operations.

Models, Evaluation, Economic policy, Trading companies, Production management, Work measurement

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