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Migration-regime liberalization and social security

Migration-regime liberalization and social security2009

Assaf Razin

About this book

"The pay-as-you-go social security system, increasingly burdened by dwindling labor force, can benefit from immigrants whose birth rates exceed those of the native born birth. The paper examines adynamic political-economy mechanism through which the social security system influences the young decisive voter's attitudes in favor of a more liberal immigration regime. A Markov equilibrium with social security consists of a more liberal migration policy, than a corresponding equilibrium with no social security. Thus, the social security system effectively provides an incentive to liberalize migration policy through a political-economy mechanism"--National Bureau of Economic Research web site.

Details

First published
2009
OL Work ID
OL3497383W

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Open Library
Book data from Open Library. Cover images courtesy of Open Library.