Age Gap in Voter Turnout and Size of Government Debt

Ryo Arawatari and Tetsuo Ono

No 16-24, Discussion Papers in Economics and Business from Osaka University, Graduate School of Economics

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.

Keywords: fiscal policy; voter turnout; public debt; probabilistic voting; small open economies. (search for similar items in EconPapers)
JEL-codes: D70 E62 H63 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2016-10
New Economics Papers: this item is included in nep-age, nep-dge, nep-mac and nep-pol
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Related works:
Journal Article: Age gap in voter turnout and size of government debt (2020)
Working Paper: Age Gap in Voter Turnout and Size of Government Debt (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:osk:wpaper:1624

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