Gerontocracy from a Debated Election
NBER WORKING PAPER SERIES SOCIAL SECURITY, RETIREMENT, AND THE SINGLE-MINDEDNESS OF THE ELECTORATE Casey B. Mulligan Xavier Sala-i-Martin Working Paper 9691 http://www.nber.org/papers/w9691 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 May 2003 Our work on elderly single-mindedness has benefitted from our discussion and email with Andrea Campbell. We appreciate the comments of Alberto Alesina, Marco Bassetto, Gary Becker, Daniel Beland, V.V. Chari, Michael Connolly, Jose Manuel Gonzalez-Paramo, Randy Krozner, John D. Owen, Marten Palme, Tomas Philipson, Michael Reiter, Volem Seleccions- Catalanes, Sherwin Rosen, Nancy Stokey, Steve Tenn, two anonymous referees, and seminar participants at Clemson, Chicago, Harvard, Miami, Johns Hopkins, Michigan, Michigan State, M.I.T., N.Y.U., Texas, and Wayne State. We also appreciate the financial support of the University of Chicago Center on Aging grant P20 AG12857 from the National Institute on Aging, of the CREI at Universitat Pompeu Fabra, and the National Science Foundation (grant # 20321600079447). Mulligan gratefully acknowledges the Olin Foundation for its financial support under its Faculty Fellowship. John Allread, Selim Ariturk, Terry Dunn, Silve Parviainen, and Eteri Zaslavsky provided able research assistance. This paper started when both authors were visiting Universitat Pompeu Fabra in Barcelona. The views expressed herein are those of the authors and not necessarily those of the National Bureau of Economic Research. ©2003 by Casey B. Mulligan and Xavier Sala-i-Martin. All rights reserved. Short sections of text not to exceed two paragraphs, may be quoted without explicit permission provided that full credit including ©notice, is given to the source.
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