Generational Conflict and Education Politics : Implications for Growth and Welfare

• 資料種別: 文書・図像類
• タイトル: Generational Conflict and Education Politics : Implications for Growth and Welfare
• 著者・編者: Ono, Tetsuo; Uchida, Yuki
• 著者標目: Ono, Tetsuo; https://nrid.nii.ac.jp/nrid/1000050305661; Uchida, Yuki
• 出版事項: Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University
• 出版年月日等: 2018-11
• 出版年（W3CDTF）: 2018-11
• タイトル（掲載誌）: Discussion Papers In Economics And Business
• 巻号年月日等（掲載誌）: 18-05-Rev.
• 掲載巻: 18-05-Rev.
• 掲載ページ: 1-36
• 本文の言語コード: eng
• 件名標目: Public education; Economic growth; Capital income tax; Probabilistic voting
• 対象利用者: 一般
• 一般注記: * Revised：Capital Income Taxation, Economic Growth, and the Politics of Public Education [18-05, 2018]; This study considers the politics of public education and its impact on economic growth and welfare across generations. We employ probabilistic voting to demonstrate the generational conflict regarding taxes and spending, and show that aging results in a tax burden shift from the retired to the working generation, a reduction in public education spending, and ultimately in slowing down economic growth. We subsequently consider a legal constraint that aims to boost education spending: a spending floor for education. This constraint stimulates economic growth, but creates a trade-off between current and future generations in terms of welfare. Finally, the quantitative implications of our results are explored by calibrating the model to the Japanese economy.
• 参照（URI）: http://www2.econ.osaka-u.ac.jp/library/global/dp/1805R.pdf; URI
• 連携機関・データベース: 国立情報学研究所 : 学術機関リポジトリデータベース（IRDB）（機関リポジトリ）; https://irdb.nii.ac.jp
• 提供元機関・データベース: 大阪大学 : 大阪大学学術情報庫 桜華