Hur, Jinwook - In: KDI-journal of economic policy 44 (2022) 1, pp. 1-47
This paper introduces a politico-economic model with a welfare state and immigration. In this model, policies on taxes … and immigration are determined through a plurality voting system. While many studies of fiscal implications of immigration … argue that relaxing immigration policies can substitute for tax reforms in an aging economy, I show that the democratic …