Intergenerational policies, public debt, and economic growth : a politico-economic analysis

• 資料種別: 文書・図像類
• タイトル: Intergenerational policies, public debt, and economic growth : a politico-economic analysis
• 著者・編者: Arai, Real; Naito, Katsuyuki; Ono, Tetsuo
• 著者標目: Arai, Real; https://nrid.nii.ac.jp/nrid/1000070590462; Naito, Katsuyuki; Ono, Tetsuo; https://nrid.nii.ac.jp/nrid/1000050305661
• 出版事項: Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University
• 出版年月日等: 2018-04
• 出版年（W3CDTF）: 2018-04
• タイトル（掲載誌）: Discussion Papers In Economics And Business
• 巻号年月日等（掲載誌）: 18-12
• 掲載巻: 18-12
• 掲載ページ: 1-3
• 本文の言語コード: eng
• 件名標目: public debt; probabilistic voting; Markov perfect equilibrium; economic growth
• 対象利用者: 一般
• 一般注記: This study presents a two-period overlapping-generations model with endogenous growth. In each period, the government representing young and old generations provides a public good financed by labor income taxation and public debt issuance, and the government's policies are determined by probabilistic voting. Increased political power of the old lowers economic growth. A debt-ceiling rule is considered to resolve the negative growth effect, but it creates a trade-off between generations in terms of welfare.
• 参照（URI）: http://www2.econ.osaka-u.ac.jp/library/global/dp/1812.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