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Population Aging, Elderly Migration and Education Spending: Intergenerational Conflict Revisited

Mehmet Tosun (), Claudia Williamson () and Pavel Yakovlev ()

No 4161, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: Elderly have been increasingly targeted as a group to enhance economic development and the tax base in communities. While recent literature on elderly migration tends to focus on how elderly migration patterns are influenced by state fiscal variables, the reverse effect from elderly population on fiscal variables is very plausible. This paper reexamines the intergenerational conflict in education financing using U.S. state and county level data. We analyze how preferences for education spending might vary across different elderly age groups, an analysis that has not been explored before. We estimate the impact of elderly population and elderly migration rates on education spending using panel data and spatial econometric techniques. Our results broadly support the presence of intergenerational conflict and age heterogeneity in preferences for education spending among elderly migrants.

Keywords: intergenerational conflict; education spending; elderly migration; population aging (search for similar items in EconPapers)
JEL-codes: H75 R23 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2009-05
New Economics Papers: this item is included in nep-age and nep-mig
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Published in: Public Budgeting and Finance, 2012, 32 (2), 25-39

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