Inter-generational transfers are at the center of economic policy debates today. Reducing
public debt; financing social security; taxing capital and bequests; and designing the …

The study investigates dynamics of expenditure on education and economic growth in
selected 14 major Asian countries by using balanced panel data from 1973 to 2012. The …

Much of the current debate in ageing countries focuses on whether governments should
increase investments in human capital. We address this issue by simulating the effects of …

In an endogenous growth model of overlapping generations, this paper shows that an
introduction of a housing property tax in China increases physical and human capital …

We develop a computable overlapping generations model in which the accumulation of
human capital is endogenous. The model is similar to that of Fougere et al.(2009) and …

Policy debate surrounding education focuses on whether governments should increase
financial support for higher education. This paper addresses this issue by quantifying the …

This study investigates the level of co-integration between education and economic growth
in Nigeria and the causality effect of education on economic growth. The study employs …

We develop a simple OLG model to analytically show that aging leads to increased
educational efforts through a general equilibrium effect. The mechanism is that scarcity of …

Purpose–The main purpose of this paper is to visualize the relation between government
spending on basic education and the human capital accumulation process, observing the …

We study the effects of pension reform on hours worked by three active generations,
education of the young, the retirement decision of older workers, and aggregate growth in a …