|In this contribution John Walton explores the notion of actuarial valuation of social contributions and property income, in relation to the notion of "actuarial valuation of assets". The note wonders whether, if actuarial estimates of flows are used and differ from actual amounts, a complicated set of adjustments between stocks and flows would be needed in the financial account, unless the stocks of both assets and liabilities (not just liabilities) would be measured on an actuarial basis. The notes calls for using actuarial valuation of assets to obtain a meaningful subdivision of net worth.
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