Jäger, Philipp; Schmidt, Torsten - 2015
. We demonstrate for a panel of 13 OECD countries between 1971 and 2007 that the share of elderly voters and public … investment rates are cointegrated, indicating a long-run relationship between them. Estimating this cointegration relationship … aging on public investment. Moreover, the estimation of an error correction model reveals long-run Granger causality running …