IDEAS home Printed from https://ideas.repec.org/p/osk/wpaper/1805r2.html

Generational Conflict and Education Politics: Implications for Growth and Welfare

Author

Listed:
  • Yuki Uchida

    (Faculty of Economics, Seikei University)

  • Tetsuo Ono

    (Graduate School of Economics, Osaka University)

Abstract

This study considers the politics of public education and its impact on economicgrowth and welfare across generations. We employ probabilistic voting to demon-strate the generational con ict regarding taxes and spending and show that agingresults in a tax burden shift from the retired to the working generation, reductionin public education spending, and ultimately in slowing down economic growth.We subsequently consider a legal constraint that aims to boost education spend-ing: a spending oor for education. This constraint stimulates economic growthbut creates a trade-off between current and future generations' welfare. Finally, thequantitative implications of our results are explored by calibrating the model to theJapanese economy.

Suggested Citation

  • Yuki Uchida & Tetsuo Ono, 2018. "Generational Conflict and Education Politics: Implications for Growth and Welfare," Discussion Papers in Economics and Business 18-05-Rev.2, Osaka University, Graduate School of Economics, revised Apr 2019.
    • Handle: RePEc:osk:wpaper:1805r2
    as

    Download full text from publisher

    File URL: http://www2.econ.osaka-u.ac.jp/econ_society/dp/1805R2.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. is not listed on IDEAS
    2. Zhehao Wang, 2025. "Health and education investments in human capital, the impacts on fertility and economic growth," Discussion Papers in Economics and Business 25-14, Osaka University, Graduate School of Economics.
    3. Minoru Watanabe, 2022. "Capital income taxation and public debt in an endogenous fertility model," Discussion Papers 2209, Graduate School of Economics, Kobe University.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:osk:wpaper:1805r2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: The Economic Society of Osaka University (email available below). General contact details of provider: https://edirc.repec.org/data/feosujp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.