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http://hdl.handle.net/10419/26024
  

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dc.contributor.authorSand, Edithen_US
dc.contributor.authorRazîn, Assafen_US
dc.date.accessioned2007-07-25en_US
dc.date.accessioned2009-07-28T08:15:00Z-
dc.date.available2009-07-28T08:15:00Z-
dc.date.issued2007en_US
dc.identifier.urihttp://hdl.handle.net/10419/26024-
dc.description.abstractIn the political debate people express the idea that immigrants are good because they can help pay for the old. The paper explores this idea in a dynamic political-economy setup. We characterize sub-game perfect Markov equilibria where immigration policy and pay-as-yougo (PAYG) social security system are jointly determined through a majority voting process. The main feature of the model is that immigrants are desirable for the sustainability of the social security system, because the political system is able to manipulate the ratio of old to young and thereby the coalition which supports future high social security benefits. We demonstrate that the older is the native born population the more likely is that the immigration policy is liberalized; which in turn has a positive effect on the sustainability of the social security system.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo working paper 1979en_US
dc.subject.jelH10en_US
dc.subject.ddc330en_US
dc.subject.stwEinwanderungen_US
dc.subject.stwMigrationspolitiken_US
dc.subject.stwSozialversicherungsfinanzierungen_US
dc.subject.stwUmlageverfahrenen_US
dc.subject.stwPublic Choiceen_US
dc.subject.stwAlternde Bevölkerungen_US
dc.subject.stwTheorieen_US
dc.titleThe role of immigration in sustaining the social security system: a political economy approachen_US
dc.typeWorking Paperen_US
dc.identifier.ppn538173726en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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