2016年6月
Pensions, education, and growth: A positive analysis
Journal of Macroeconomics
- ,
- 巻
- 48
- 号
- 開始ページ
- 127
- 終了ページ
- 143
- 記述言語
- 英語
- 掲載種別
- 研究論文(学術雑誌)
- DOI
- 10.1016/j.jmacro.2016.03.005
- 出版者・発行元
- ELSEVIER SCIENCE BV
This study presents an overlapping generations model to capture the nature of the competition between generations regarding two redistribution policies, public education and public pensions. From a political economy viewpoint, we investigate the effects of population aging on these policies and economic growth. We show that greater longevity results in a higher pension-to-GDP ratio. However, an increase in longevity produces an initial increase followed by a decrease in the public education-to-GDP ratio. This, in turn, results in a hump-shaped pattern of the growth rate. (C) 2016 Elsevier Inc. All rights reserved.
- リンク情報
- ID情報
-
- DOI : 10.1016/j.jmacro.2016.03.005
- ISSN : 0164-0704
- eISSN : 1873-152X
- Web of Science ID : WOS:000393846500009