G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6308
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
URLhttps://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.
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