Michailidis, Gianko - 2019
The paper examines the effect of population ageing on public education spending. On the one hand, ageing is expected to … have a negative effect on education, as an increasing number of retirees results in ‘intergenerational conflict' and, hence …, the condemnation of education expenditure. On the other hand, ageing, in combination with pay-as-you-go pension systems …