Age gap in voter turnout and size of government debt

Ryo Arawatari and Tetsuo Ono

International Tax and Public Finance, 2020, vol. 27, issue 2, No 8, 435-460

Abstract: Abstract We consider a cross-country difference in age gap in voter turnout and its impact on fiscal policy making in a multi-country, overlapping-generations model. We present the conflict over fiscal policy between successive generations (i.e., the young and elderly). We show that a higher turnout of the elderly in voting may have a non-monotonic 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 (search for similar items in EconPapers)
JEL-codes: D70 E62 H63 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (2)

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Related works:
Working Paper: Age Gap in Voter Turnout and Size of Government Debt (2018)
Working Paper: Age Gap in Voter Turnout and Size of Government Debt (2016)
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DOI: 10.1007/s10797-019-09563-8

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