Konferenzbeitrag

Après nous le déluge? Direct democracy and intergenerational conflicts in aging societies

To assess the likely effects of population ageing on the outcomes of direct democracy, we analyze the effect of age on voting decisions in public referenda. To this end, we provide the first quantitative review of the literature and a case study of the Stuttgart 21 referendum on one of the largest infrastructure projects in Germany. The evidence suggests that intergenerational conflicts arising from population ageing will likely be limited to areas in which the net present value differs particularly strongly across generations, such as education and health spending, green energy, and major transport projects. In such instances, however, the effect can be quantitatively relevant, raising the question of whether, as population ageing progresses, decisions should be based on social cost-benefit anal-yses, instead of referenda.

Language
Englisch

Bibliographic citation
Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2016: Demographischer Wandel - Session: Conflicts over Public Goods ; No. A10-V1

Classification
Wirtschaft
Allocative Efficiency; Cost-Benefit Analysis
Externalities
Public Goods

Event
Geistige Schöpfung
(who)
Maennig, Wolfgang
Ahlfeldt, Gabriel M.
Steenbeck, Malte
Event
Veröffentlichung
(who)
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
(where)
Kiel und Hamburg
(when)
2016

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Konferenzbeitrag

Associated

  • Maennig, Wolfgang
  • Ahlfeldt, Gabriel M.
  • Steenbeck, Malte
  • ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft

Time of origin

  • 2016

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