Elderly have been
increasingly targeted as a group to enhance economic development and the tax
base in communities.
While recent literature
on elderly migration tends to focus on how elderly migration patterns are influenced
by state fiscal variables, the reverse effect from elderly population on fiscal
variables is very plausible.
This paper reexamines the
intergenerational conflict in education financing using U.S. state and county
level data. We analyze how preferences for education spending might vary across
different elderly age groups, an analysis that has not been explored before.
We estimate the impact of elderly population and elderly migration rates on
education spending using panel data and spatial econometric techniques.
Our results broadly support
the presence of intergenerational conflict and age heterogeneity in preferences
for education spending among elderly migrants.
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