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Age Gap in Voter Turnout and Size of Government Debt

Author

Listed:
  • Ryo Arawatari

    () (Graduate School of Economics, Nagoya University)

  • Tetsuo Ono

    () (Graduate School of Economics, Osaka University)

Abstract

We consider a cross-country difference of age gap in voter turnout and its im- pact on fiscal policymaking in a multi-country, overlapping-generations model. We present con ict over fiscal policy between successive generations (i.e., the young and elderly). We show that higher turnout of the elderly in voting may have a non- monotone effect on the size of government debt, depending on voters' inter-temporal elasticity of substitution of public expenditure.

Suggested Citation

  • Ryo Arawatari & Tetsuo Ono, 2016. "Age Gap in Voter Turnout and Size of Government Debt," Discussion Papers in Economics and Business 16-24, Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP).
  • Handle: RePEc:osk:wpaper:1624
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    fiscal policy; voter turnout; public debt; probabilistic voting; small open economies.;

    JEL classification:

    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

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