| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP10429 |
| DP10429 The Welfare State and Migration: A Dynamic Analysis of Political Coalitions | |
| Assaf Razin; Efraim Sadka; Benjarong Suwankiri | |
| 发表日期 | 2015-02-22 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | We develop a dynamic political-economic theory of welfare state and immigration policies, featuring three distinct voting groups: skilled workers, unskilled workers, and old retirees. The essence of inter - and intra-generational redistribution of a typical welfare system is captured with a proportional tax on labor income to finance a transfer in a balanced-budget manner. We provide an analytical characterization of political-economic equilibrium policy rules consisting of the tax rate, the skill composition of migrants, and the total number of migrants. When none of these groups enjoy a majority (50 percent of the voters or more), political coalitions will form. With overlapping generations and policy-determined influx of immigrants, the formation of the political coalitions changes over time. These future changes are taken into account when policies are shaped. Naturally, a lower rate of population growth (that is, an aging population) increases the political clout of the old (the left group). But it also increases the burden on the young (particularly, the skilled). |
| 主题 | International Macroeconomics |
| 关键词 | Center Dynamics of left and right coalitions Intra- and inter-generational transfers |
| URL | https://cepr.org/publications/dp10429 |
| 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/539261 |
| 推荐引用方式 GB/T 7714 | Assaf Razin,Efraim Sadka,Benjarong Suwankiri. DP10429 The Welfare State and Migration: A Dynamic Analysis of Political Coalitions. 2015. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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