Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/121103
Authors: 
Aslanyan, Gurgen
Year of Publication: 
2012
Series/Report no.: 
FIW Working Paper 101
Abstract: 
Immigration has been popularised in the economics literature as a tool to balance the troubled PAYG pension systems. A pivotal research by Razin and Sadka showed that unskilled immigration can surmount the pension problem and, further, boost the general welfare in the host economy. However a large strand of current economics literature is engaged in identifying mechanisms through which unskilled immigration, while solving the pension problem, causes undesired shifts in general welfare. This work shows that actually recurring unskilled immigration may challenge the entire pension system and decrease the pension benefits themselves.
Subjects: 
Public Pensions
PAYG
Unskilled Migration
JEL: 
J18
F22
H55
E61
Document Type: 
Working Paper

Files in This Item:
File
Size
252.36 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.