The Effect of Education Subsidies in an Aging Economy

We examine how an introduction of education subsidies affects growth rates, incorporating an uncertain lifetime. We demonstrate that the introduction of subsidies engenders higher growth rates in aging economies, except when the education-tax rate is sufficiently low.

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Year of publication:	2005-10
Authors:	Mochida, Megumi
Institutions:	Graduate School of Economics, Osaka University
Subject:	Education subsidies \| Social security \| Uncertain lifetime

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Extent:	application/pdf
Series:	Discussion Papers in Economics and Business.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 05-30 16 pages
Classification:	H31 - Household ; H52 - Government Expenditures and Education ; H55 - Social Security and Public Pensions
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005773308