Publikationsserver
Aging and Immigration Policy in a Representative Democracy
This paper analyzes how population aging affects immigration policy in rich industrialized countries. It sets up a two-period model of a representative democracy with two overlapping generations. The government’s preferred immigration rate increases with the share of retirees in the population. The...
Guardado en:
| Publicado en: | MAGKS - Joint Discussion Paper Series in Economics (Band 18-2010) |
|---|---|
| Autor principal: | |
| Formato: | Arbeit |
| Lenguaje: | inglés |
| Publicado: |
Philipps-Universität Marburg
2010
|
| Materias: | |
| Acceso en línea: | Texto Completo PDF |
| Etiquetas: |
Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
|
| Sumario: | This paper analyzes how population aging affects immigration policy in rich industrialized countries. It sets up a two-period model of a representative democracy with two overlapping generations. The government’s preferred immigration rate increases with the share of retirees in the population. The paper differentiates between an economy without a pension system and one with pay-as-you-go pensions. As immigrants have more children than natives, the chosen immigration rate is contingent on the design of the pension system. If pension contributions and benefits are set freely by the government, equilibrium immigration is lower than it is in the absence of a pension system. On the contrary, it is higher if the pension level is fixed ex ante to a relatively generous level, since native workers then benefit from sharing the burden of pension contributions with the immigrants. |
|---|---|
| Descripción Física: | 27 Seiten |
| ISSN: | 1867-3678 |
| DOI: | 10.17192/es2024.0048 |