Megumi Mochida () (Graduate School of Economics, Osaka University)
Abstract
We examine how an introduction of education subsidies affects growth rates, incorporating an uncertain lifetime. We demonstrate that the introduction of subsidies engenders higher growth rates in aging economies, except when the education-tax rate is sufficiently low.
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Publisher Info
Paper provided by Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP) in its series Discussion Papers in Economics and Business with number
05-30.
Find related papers by JEL classification: H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
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