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dc.contributor.authorCalahorrano, Lenaen
dc.contributor.authorLorz, Jens Oliveren
dc.date.accessioned2009-08-26-
dc.date.accessioned2010-03-05T15:40:34Z-
dc.date.available2010-03-05T15:40:34Z-
dc.date.issued2009-
dc.identifier.urihttp://hdl.handle.net/10419/30102-
dc.description.abstractIn this note we analyze how aging affects immigration policy. We set up a dynamic political-economy model of representative democracy in which the government of the destination country sets the immigration level to maximize aggregate welfare of the constituency. Aging, i.e. a decline in the growth rate of the native population, has an expansionary effect on immigration. This immigration effect may even overcompensate the initial decline in population growth such that the total labor force grows more strongly and the capital stock per worker declines. We also compare our results to the social planner allocation and to the median-voter equilibrium.en
dc.language.isoengen
dc.publisher|aPhilipps-University Marburg, Faculty of Business Administration and Economics |cMarburgen
dc.relation.ispartofseries|aMAGKS Joint Discussion Paper Series in Economics |x2009,26en
dc.subject.jelD78en
dc.subject.jelF22en
dc.subject.ddc330en
dc.subject.keywordDemographic changeen
dc.subject.keywordpolitical economyen
dc.subject.keywordimmigration policyen
dc.titleAging, factor returns, and immigration policy-
dc.type|aWorking Paperen
dc.identifier.ppn603934838en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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