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The social contract of the welfare state can be strained by the arrival of immigrants who receive welfare payments financed by citizens? taxes. We show, however, that the presence of unemployed immigrants receiving welfare payments is consistent with social harmony. The social harmony, which is...
Persistent link: https://www.econbiz.de/10010262377
redistributive welfare system might adjust as a result of immigration. Under the first scenario, immigration has a larger impact on …-market determinants of immigration attitudes. In countries where natives are on average more skilled than immigrants, individual income is … negatively correlated with pro-immigration preferences, while individual skill is positively correlated with them. These …
Persistent link: https://www.econbiz.de/10010267885
This paper analyzes the political sustainability of the welfare state in an environment where immigration is the main … demographic force and where governments are able to influence the size and skill composition of immigration flows. Specifically, I … present a dynamic political-economy model where both income redistribution and immigration policy are chosen by majority vote …
Persistent link: https://www.econbiz.de/10010269605
.e. whether immigrants are more likely to move to countries with generous welfare systems. Although economic theory predicts that … immigration. …
Persistent link: https://www.econbiz.de/10010282609
In this paper, we analyze the extent to which market forces create an incentive for cloning human beings. We show that a market for cloning arises if a large enough fraction of the clone?s income can be appropriated by its model. Only people with the highest ability are cloned, while people at...
Persistent link: https://www.econbiz.de/10010262438
This paper uses an overlapping generations model with international labor mobility and a politically responsive fiscal policy to examine aging in developed and developing regions. Migrant workers change the political structure composed of young and elderly voters in both labor-receiving and...
Persistent link: https://www.econbiz.de/10010269040
This paper presents an overlapping generations model to explain why humans live in families rather than in other pair groupings. Since most non-human species are not familial, something special must be behind the family. It is shown that the two necessary features that explain the origin of the...
Persistent link: https://www.econbiz.de/10010269437
In order to credibly sell legitimate children to their spouse, women must forego more attractive mating opportunities. This paper derives the implications of this observation for the pattern of matching in marriage markets, the dynamics of human capital accumulation, and the evolution of the...
Persistent link: https://www.econbiz.de/10010271277
The apparently unrelenting growth in the GDP-share of health spending (SHS) has been a perennial issue of policy concern. Does an equilibrium limit exist? The issue has been left open in recent dynamic models which take income growth and population aging as given. We view these variables as...
Persistent link: https://www.econbiz.de/10010333275
This paper analyzes the interaction between intergenerational wealth transmission, human capital investments under uninsurable labor income risk, and economic growth in a small open overlapping-generations economy with heterogeneous agents. It demonstrates how the role of the personal income...
Persistent link: https://www.econbiz.de/10010261651