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(c)  Western Economic Association International, 2022
Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/200584

Financing public education when agents have retirement concerns

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We study, theoretically and empirically, the link between voters' support for public education and pensions. We show that the (inter‐generational) redis-tributive component of the retirement system creates a link between current spending on education and future pensions. Specifically, investments in edu-cation increase the young's productivity and, hence, future tax proceeds that will finance the current workers' pension. Consequently, the support for publicly financed education grows together with the generosity and degree of redistribution of the retirement system. The empirical analysis uses repeated cross‐country surveys to confirm the model predictions.

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MONTOLIO, Daniel, PIOLATTO, Amedeo, SALVADORI, Luca. Financing public education when agents have retirement concerns. _Economic Inquiry_. 2022. Vol. 60, núm. 1559-1580. [consulta: 23 de gener de 2026]. ISSN: 0095-2583. [Disponible a: https://hdl.handle.net/2445/200584]

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