Migration-Regime Liberalization and Social Security: Political-Economy Effect / Assaf Razin, Edith Sand.

Format:

Book

Author/Creator:

Razin, Assaf.

Contributor:

National Bureau of Economic Research.

Sand, Edith.

Series:

Working Paper Series (National Bureau of Economic Research) no. w15013.

NBER working paper series no. w15013

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Other Title:

Migration-Regime Liberalization and Social Security

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2009.

Summary:

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.

Notes:

Print version record

May 2009.