Intergenerational Justice in Public Finance: A Canadian case study
This study examines whether Canadian governments have adapted budgets for the ageing population in accordance with norms of intergenerational justice. Public finance data in 2016 are analysed compared to 1976 in light of three constructs: the elderly/non-elderly ratio of social spending change, inte...
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Format: | Article |
Language: | English |
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Tübingen University
2018-06-01
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Series: | Intergenerational Justice Review |
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Online Access: | https://igjr.org/ojs/index.php/igjr/article/view/712 |
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author | Paul Kershaw |
author_facet | Paul Kershaw |
author_sort | Paul Kershaw |
collection | DOAJ |
description | This study examines whether Canadian governments have adapted budgets for the ageing population in accordance with norms of intergenerational justice. Public finance data in 2016 are analysed compared to 1976 in light of three constructs: the elderly/non-elderly ratio of social spending change, intergenerational reciprocity, and ability to pay. Findings include that (i) governments increased per capita spending for seniors 4.2 times faster than for those under the age of 45; (ii) public finance requires younger Canadians to contribute 22%-62% more in income taxes for the elderly now by comparison with 1976; and (iii) the contemporary ageing population has a greater ability to pay than cohorts immediately before and after them. |
format | Article |
id | doaj-art-8a6ea054ad6e4ac9875dfa4ddea57f52 |
institution | Kabale University |
issn | 2190-6335 |
language | English |
publishDate | 2018-06-01 |
publisher | Tübingen University |
record_format | Article |
series | Intergenerational Justice Review |
spelling | doaj-art-8a6ea054ad6e4ac9875dfa4ddea57f522025-02-10T05:00:28ZengTübingen UniversityIntergenerational Justice Review2190-63352018-06-0141Intergenerational Justice in Public Finance: A Canadian case studyPaul Kershaw0University of British ColumbiaThis study examines whether Canadian governments have adapted budgets for the ageing population in accordance with norms of intergenerational justice. Public finance data in 2016 are analysed compared to 1976 in light of three constructs: the elderly/non-elderly ratio of social spending change, intergenerational reciprocity, and ability to pay. Findings include that (i) governments increased per capita spending for seniors 4.2 times faster than for those under the age of 45; (ii) public finance requires younger Canadians to contribute 22%-62% more in income taxes for the elderly now by comparison with 1976; and (iii) the contemporary ageing population has a greater ability to pay than cohorts immediately before and after them.https://igjr.org/ojs/index.php/igjr/article/view/712TaxesGovernment ExpendituresGenerational EquityHousing WealthPublic Reporting |
spellingShingle | Paul Kershaw Intergenerational Justice in Public Finance: A Canadian case study Intergenerational Justice Review Taxes Government Expenditures Generational Equity Housing Wealth Public Reporting |
title | Intergenerational Justice in Public Finance: A Canadian case study |
title_full | Intergenerational Justice in Public Finance: A Canadian case study |
title_fullStr | Intergenerational Justice in Public Finance: A Canadian case study |
title_full_unstemmed | Intergenerational Justice in Public Finance: A Canadian case study |
title_short | Intergenerational Justice in Public Finance: A Canadian case study |
title_sort | intergenerational justice in public finance a canadian case study |
topic | Taxes Government Expenditures Generational Equity Housing Wealth Public Reporting |
url | https://igjr.org/ojs/index.php/igjr/article/view/712 |
work_keys_str_mv | AT paulkershaw intergenerationaljusticeinpublicfinanceacanadiancasestudy |