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factor mobility (such as capital). However, in this paper we emphasize the unique feature of labor migration, that may … nullify the'race to the bottom' hypothesis. Labor migration is governed not only by net-of-tax factor rewards, but rather … importantly also by the benefits that the welfare state provides. The paper analyzes fiscal competition with and without migration …
Persistent link: https://www.econbiz.de/10013142237
capital), and the volume of migration (of both skill types), to be higher in the competitive regime than in the coordinated … the young voter has a tradeoff between the negative effect (an income transfer to the old) and a general equilibrium … positive if the (state variable) the capital stock is within a certain range, or zero, otherwise. Migration share of native …
Persistent link: https://www.econbiz.de/10013082005
an incentive to liberalize migration policy. The paper examines a political-economy, inter-generational, mechanism … through which the social security system influences voter attitudes in favor of more liberal immigration regime. We … demonstrate that the Markov equilibrium, with social security, consists of more liberal migration policies, than the corresponding …
Persistent link: https://www.econbiz.de/10013316373
contributors to it.Migration policies are set to determine the total migration volume and its skill composition. We characterize … composition and the total number of migrants. We distinguish between two voting behaviors: sincere and strategic voting …
Persistent link: https://www.econbiz.de/10013146334
Migration of young workers (as distinct from retirees), even when driven in by the generosity of the welfare state …, slows down the trend of increasing dependency ratio. But, even though low-skill migration improves the dependency ratio, it … estimate the fiscal burden that low-skill migration imposes on the fiscal system. However, an important message of this paper …
Persistent link: https://www.econbiz.de/10005405942
capital), and the volume of migration (of both skill types), to be higher in the competitive regime than in the coordinated … the young voter has a tradeoff between the negative effect ( an income transfer to the old) and a general equilibrium … positive if the (state variable) the capital stock is within a certain range, or zero, otherwise. Migration share of native …
Persistent link: https://www.econbiz.de/10010652442