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Autor:innen: 
Poutvaara, Panu
Datum: 
2005
Schriftenreihe/Nr.: 
CESifo Working Paper No. 1544
Verlag: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Zusammenfassung: 
Migration between countries with earnings-related and flat-rate pay-as-you-go social security systems may change human capital investments in both countries. The possibility of emigration boosts investments in human capital in the country with flat-rate benefits. Correspondingly, those expecting to migrate from the country with earnings-related benefits to a country with flat-rate benefits may reduce their investment in education. With suitably planned transfers between the two countries, allowing for migration may generate a Paretoimprovement for all current and future generations. Without transfers, either country may be unable to pay for promised benefits when labor becomes mobile.
Schlagwörter: 
social security
education
migration
earnings-related and flat-rate pensions
JEL: 
I2
H55
F22
Dokumentart: 
Working Paper

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