Generational Conflict and Education Politics : Implications for Growth and Welfare

Ono, Tetsuo; Uchida, Yuki

Generational Conflict and Education Politics : Implications for Growth and Welfare

Ono, Tetsuo; Uchida, Yuki

Discussion Papers In Economics And Business, 2018, 18-05-Rev., 1-36

Number of Access:566（2025-10-26 04:48 Counts）

Identifier to cite or link to this item: https://hdl.handle.net/11094/67790

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Title	Generational Conflict and Education Politics : Implications for Growth and Welfare
Creator	NRID 1000050305661 1000050305661 ORCID 0000-0002-9838-828X 0000-0002-9838-828X researchmap permalink tono tono Scopus Author ID 7403947415 7403947415 CreatorName Ono, Tetsuo
Creator	CreatorName Uchida, Yuki
Subject	Public education
	Economic growth
	Capital income tax
	Probabilistic voting
Description	* Revised：Capital Income Taxation, Economic Growth, and the Politics of Public Education [18-05, 2018]
Abstract	This study considers the politics of public education and its impact on economic growth and welfare across generations. We employ probabilistic voting to demonstrate the generational conflict regarding taxes and spending, and show that aging results in a tax burden shift from the retired to the working generation, a reduction in public education spending, and ultimately in slowing down economic growth. We subsequently consider a legal constraint that aims to boost education spending: a spending floor for education. This constraint stimulates economic growth, but creates a trade-off between current and future generations in terms of welfare. Finally, the quantitative implications of our results are explored by calibrating the model to the Japanese economy.
Publisher	Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University
Source Title	Discussion Papers In Economics And Business
Volume (Issue)	18-05-Rev.
Page	1-36
Date of Issued	2018-11
Language	English
Handle URL	https://hdl.handle.net/11094/67790
NCID	AA1160366X
Relation.references	URI http://www2.econ.osaka-u.ac.jp/library/global/dp/1805R.pdf
Access Rights	metadata only access
Category	ディスカッション／ワーキング・ペーパー DP/WP
Category	Discussion Papers In Economics And Business
Date.Updated	2018-11

Resource Type	technical report
Local Type	DP/WP
DCMI Type	Text
DCTERMS.bibliographicCitation	Discussion Papers In Economics And Business. 2018, 18-05-Rev., p. 1-36
DC.title	Generational Conflict and Education Politics : Implications for Growth and Welfare
DC.creator	Ono, Tetsuo
DC.creator	Uchida, Yuki
DC.publisher	Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University
DC.language' scheme='DCTERMS.RFC1766	English
DC.type' scheme='DCTERMS.DCMIType	Text
DCTERMS.issued' scheme='DCTERMS.W3CDTF	2018-11
DC.relation' scheme='DCTERMS.URI	http://www2.econ.osaka-u.ac.jp/library/global/dp/1805R.pdf
DC.subject	Public education
	Economic growth
	Capital income tax
	Probabilistic voting
DC.description	* Revised：Capital Income Taxation, Economic Growth, and the Politics of Public Education [18-05, 2018]
DCTERMS.abstract	This study considers the politics of public education and its impact on economic growth and welfare across generations. We employ probabilistic voting to demonstrate the generational conflict regarding taxes and spending, and show that aging results in a tax burden shift from the retired to the working generation, a reduction in public education spending, and ultimately in slowing down economic growth. We subsequently consider a legal constraint that aims to boost education spending: a spending floor for education. This constraint stimulates economic growth, but creates a trade-off between current and future generations in terms of welfare. Finally, the quantitative implications of our results are explored by calibrating the model to the Japanese economy.
DC.format	67790
citation_title	Generational Conflict and Education Politics : Implications for Growth and Welfare
citation_author	Ono, Tetsuo
citation_author	Uchida, Yuki
citation_publisher	Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University
citation_language	English
citation_date	2018-11
citation_journal_title	Discussion Papers In Economics And Business
citation_volume	18-05-Rev.
citation_firstpage	1
citation_lastpage	36
citation_public_url	https://hdl.handle.net/11094/67790
citation_abstract_html_url	http://www2.econ.osaka-u.ac.jp/library/global/dp/1805R.pdf

Generational Conflict and Education Politics : Implications for Growth and Welfare

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