Can Immigrant Employment Alleviate the Demographic Burden? The Role of Union Centralization

We examine how labor immigration affects public pensions under centralized wage setting. We show that immigration improves the sustainability of pay-as-you-go pensions if and only if total employment declines. This occurs if the labor demand elasticity exceeds the unemployment rate.

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Year of publication:	2006
Authors:	Kemnitz, Alexander
Institutions:	Fakultät Wirtschaftswissenschaften, Technische Universität Dresden
Subject:	Immigration \| Public Pensions \| Trade Union

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Extent:	application/pdf
Series:	Dresden Discussion Paper Series in Economics. - ISSN 0945-4829.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 13/06
Classification:	J51 - Trade Unions: Objectives Structure, and Effects ; H55 - Social Security and Public Pensions ; F22 - International Migration
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009226141