Are Aging OECD Welfare States on the Path to the Politics of Gerontocracy? Evidence from 18 Democracies, 1980-2002
Abstract
In the fifteen years since 1990, the average OECD median voter age has increased three times faster than in the preceding thirty years. We use panel data covering the years 1980-2002 to investigate the effects of population aging on both the program size and the benefit generosity of public pensions in 18 OECD countries. Population aging appears to lead to the cutting of smaller slices out of larger cakes: it increases overall pension program...
Paper Details
Title
Are Aging OECD Welfare States on the Path to the Politics of Gerontocracy? Evidence from 18 Democracies, 1980-2002
Published Date
Aug 14, 2008
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