The Influence of the Elderly on School Spending in a Median Voter Framework

Autor/inn/en	Fletcher, Deborah; Kenny, Lawrence W.
Titel	The Influence of the Elderly on School Spending in a Median Voter Framework
Quelle	In: Education Finance and Policy, 3 (2008) 3, S.283-315 (33 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	1557-3060
DOI	10.1162/edfp.2008.3.3.283
Schlagwörter	Older Adults; Educational Finance; Voting; Migrants; Economically Disadvantaged; School Support; Taxes + Suchen Sie Ihr Suchwort? Älterer Erwachsener; Bildungsfonds; Abstimmung; Migrantin; Schulförderverein; Abgabe
Abstract	How do the elderly influence school spending if they are a minority of the population? We estimate the determinants of school spending in a median voter model, comparing four assumptions about how the elderly influence the identity of the median voter. Using a county-level panel, we find that elderly preferences are best characterized by assuming all elderly or all elderly migrants vote with the poor. Having more elderly results in a median voter who is further down the community's income distribution. This median voter is poorer, which lowers preferred school spending, and faces a lower tax price, which raises preferred school spending. The evidence suggests that the income effect is slightly larger than the price effect, so the elderly on net cause a very small drop in spending. Thus the widespread concern about the negative impact of population aging on school funding seems to be misplaced. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10