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Ageing-Driven Migration and Redistribution: Comparing Policy Regimes / Assaf Razin, Alexander Horst Schwemmer.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Razin, Assaf.
Contributor:
National Bureau of Economic Research.
Schwemmer, Alexander Horst.
Series:
Working Paper Series (National Bureau of Economic Research) no. w26998.
NBER working paper series no. w26998
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2020.
Summary:
Life cycle and insurance-type considerations dominate redistribution policy. Wage and fiscal prospects of ageing dominate migration policy. The paper compares distinct policy regimes, directed at migration and redistribution issues. Migration quotas, provision of social benefits, labor income taxation, and capital income taxation, are all endogenously determined in a policy-optimizing framework. The analysis makes a three-way comparison: free-migration regime vs. restricted-migration regime, welfare-state regime vs. no-migration-quota, no-redistribution regime, and low-income-majority regime vs. high-income-majority regime.
Notes:
Print version record
April 2020.

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