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
Publisher:	Dresden : Technische Universität Dresden, Fakultät Wirtschaftswissenschaften
Subject:	Einwanderung \| Internationale Arbeitsmobilität \| Rentenfinanzierung \| Gesetzliche Rentenversicherung \| Lohnbildung \| Gewerkschaftlicher Organisationsgrad \| Theorie \| Immigration \| Public Pensions \| Trade Union

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Series:	Dresden Discussion Paper Series in Economics ; 13/06
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	519713834 [GVK] hdl:10419/22740 [Handle] RePEc:zbw:tuddps:1306 [RePEc]
Classification:	J51 - Trade Unions: Objectives Structure, and Effects ; H55 - Social Security and Public Pensions ; F22 - International Migration
Source:	EconStor

Persistent link: https://www.econbiz.de/10010296811