A Political Economy Theory of Government Debtand Social Security

Arawatari, Ryo; Ono, Tetsuo

A Political Economy Theory of Government Debtand Social Security

Arawatari, Ryo; Ono, Tetsuo

Discussion Papers In Economics And Business, 2011, 11-33

アクセス数:293件（2025-08-31 22:14 集計）

固定URL: https://hdl.handle.net/11094/13478

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タイトル	A Political Economy Theory of Government Debtand Social Security
著者	NRID 1000020547335 1000020547335 著者名 Arawatari, Ryo
著者	NRID 1000050305661 1000050305661 ORCID 0000-0002-9838-828X 0000-0002-9838-828X researchmap permalink tono tono Scopus Author ID 7403947415 7403947415 著者名 Ono, Tetsuo
キーワード等	Government debt
	Social security
	Overlapping generations
	Probabilistic voting
抄録	This paper analyzes the determinants of government debt and social security forthe old in a closed-economy, overlapping-generation model. Under the probabilisticvoting, the model presents (i) an intergenerational link of resource allocation viadebt and social security; (ii) multiple political equilibria; and (iii) a negative cor-relation between tax and debt. These three results are robust to the introductionof public goods as an alternative government expenditure or to the introduction ofincome heterogeneity within a generation.
出版者	Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University
収録物名	Discussion Papers In Economics And Business
巻(号)	11-33
刊行年月	2011-11
言語	英語
ハンドルURL	https://hdl.handle.net/11094/13478
NCID	AA1160366X
関連情報 (references)	URI http://www2.econ.osaka-u.ac.jp/library/global/dp/1133.pdf
アクセス権	metadata only access
カテゴリ	ディスカッション／ワーキング・ペーパー DP/WP
カテゴリ	Discussion Papers In Economics And Business

資源タイプ	テクニカルレポート
ローカル資源タイプ	ディスカッション／ワーキング・ペーパー
DCMI資源タイプ	text
DCTERMS.bibliographicCitation	Discussion Papers In Economics And Business. 2011, 11-33
DC.title	A Political Economy Theory of Government Debtand Social Security
DC.creator	Arawatari, Ryo
DC.creator	Ono, Tetsuo
DC.publisher	Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University
DC.language' scheme='DCTERMS.RFC1766	英語
DC.type' scheme='DCTERMS.DCMIType	text
DCTERMS.issued' scheme='DCTERMS.W3CDTF	2011-11
DC.relation' scheme='DCTERMS.URI	http://www2.econ.osaka-u.ac.jp/library/global/dp/1133.pdf
DC.subject	Government debt
	Social security
	Overlapping generations
	Probabilistic voting
DCTERMS.abstract	This paper analyzes the determinants of government debt and social security forthe old in a closed-economy, overlapping-generation model. Under the probabilisticvoting, the model presents (i) an intergenerational link of resource allocation viadebt and social security; (ii) multiple political equilibria; and (iii) a negative cor-relation between tax and debt. These three results are robust to the introductionof public goods as an alternative government expenditure or to the introduction ofincome heterogeneity within a generation.
DC.format	13478
citation_title	A Political Economy Theory of Government Debtand Social Security
citation_author	Arawatari, Ryo
citation_author	Ono, Tetsuo
citation_publisher	Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University
citation_language	英語
citation_date	2011-11
citation_journal_title	Discussion Papers In Economics And Business
citation_volume	11-33
citation_public_url	https://hdl.handle.net/11094/13478
citation_abstract_html_url	http://www2.econ.osaka-u.ac.jp/library/global/dp/1133.pdf

A Political Economy Theory of Government Debtand Social Security

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