We ask which migration policy a developed country will choose when its objective is to attain the optimal skill composition of the country's workforce, and when the policy menu consists of an entry fee and a quota. We compare these two policies under the assumptions that individuals are...

We ask which migration policy a developed country will choose when its objective is to attain the optimal skill composition of the country's workforce, and when the policy menu consists of an entry fee and a quota. We compare these two policies under the assumptions that individuals are...

The paper characterizes the optimal tax policy and the optimal quality of day care services in a OLG model with warm-glow altruism where parental choices over child care arrangements affect the probability that the child becomes a high-skilled adult in a type-specific way. With respect to...

The paper characterizes the optimal tax policy and the optimal quality of day care services in a OLG model with warm-glow altruism where parental choices over child care arrangements affect the probability that the child becomes a high-skilled adult in a type-speciffc way. With respect to...

The paper investigates the impact of international migration on public pay-as-you-go pension systems. It first develops a theoretical framework to analyse the effects of migration on the labour market. The model allows for heterogeneity across individuals and for migration to affect both the...

The paper investigates the impact of international migration on public pay-as-you-go pension systems. It first develops a theoretical framework to analyse the effects of migration on the labour market. The model allows for heterogeneity across individuals and for migration to affect both the...