Many developed countries are facing problems associated with the rapid aging of their populations. If voters’ policy preferences depend on their age and the government’s policy adoption reflects public opinion, the change in demographic composition may affect governmental policies in a region. To retain their political power, ruling parties often reallocate the budget in favor of policies preferred by the elderly, rather than younger generations. This book investigates such outcomes.
|ホスト出版物のタイトル||Advances in Japanese Business and Economics|
|出版ステータス||Published - 2021|
|名前||Advances in Japanese Business and Economics|
ASJC Scopus subject areas