Migration-regime Liberalization and Social Security
Author | : Assaf Razin |
Publisher | : |
Total Pages | : 0 |
Release | : 2009 |
ISBN-10 | : OCLC:1025605735 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book Migration-regime Liberalization and Social Security written by Assaf Razin and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The pay-as-you-go social security system, increasingly burdened by dwindling labor force, can benefit from immigrants whose birth rates exceed those of the native born birth. The paper examines adynamic political-economy mechanism through which the social security system influences the young decisive voter's attitudes in favor of a more liberal immigration regime. A Markov equilibrium with social security consists of a more liberal migration policy, than a corresponding equilibrium with no social security. Thus, the social security system effectively provides an incentive to liberalize migration policy through a political-economy mechanism.