Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/22740 
Year of Publication: 
2006
Series/Report no.: 
Dresden Discussion Paper Series in Economics No. 13/06
Publisher: 
Technische Universität Dresden, Fakultät Wirtschaftswissenschaften, Dresden
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

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