Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP6308 |
DP6308 The Location of Domestic and Foreign Production Affiliates by French Multinational Firms | |
Thierry Mayer; Benjamin Nefussi; Isabelle Mejean | |
发表日期 | 2007-05-25 |
出版年 | 2007 |
语种 | 英语 |
摘要 | In 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-you-go (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. |
主题 | International Macroeconomics |
关键词 | Demographic stretegic voting Overlapping generations Social security sustainability |
URL | https://cepr.org/publications/dp6308 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535150 |
推荐引用方式 GB/T 7714 | Thierry Mayer,Benjamin Nefussi,Isabelle Mejean. DP6308 The Location of Domestic and Foreign Production Affiliates by French Multinational Firms. 2007. |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。