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Title:Can Immigrant Employment Alleviate the Demographic Burden? The Role of Union Centralization PDF Logo
Authors:Kemnitz, Alexander
Issue Date:2006
Series/Report no.:Dresden discussion paper in economics 13/06
Abstract:We examine how labor immigration affects public pensions under centralized wage setting. We show that immigration improves the sustainability of pay-as-you-go pensions if and only if total employment declines. This occurs if the labor demand elasticity exceeds the unemployment rate.
Subjects:Immigration
Public Pensions
Trade Union
JEL:J51
H55
F22
Document Type:Working Paper
Appears in Collections:Dresden Discussion Paper Series in Economics, Faculty of Business and Economics, TU Dresden

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