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This paper analyzes how population aging affects immigration policy in rich industrialized countries. It sets up a two …-period model of a representative democracy with two overlapping generations. The government’s preferred immigration rate increases … with the immigrants. -- Demographic Change ; Political Economy ; Immigration Policy …
Persistent link: https://www.econbiz.de/10003963089
-best policy include a pension and a child benefit scheme. Section 6 rexamines the same issues in the presence of educational …
Persistent link: https://www.econbiz.de/10014023653
Persistent link: https://www.econbiz.de/10011280230
The approach put forward in this article is based on Schumpeter`s idea of creative destruction, the competitive process by which entrepreneurs are always looking for new ideas that will render their rivals` ideas obsolete. I present a model in which the rate of economic growth is sensitive to...
Persistent link: https://www.econbiz.de/10010301336
This paper is dating from 1995, when it has been presented at the Ragnar Frisch Centennial Memorial Conference in Oslo. It has never been published before.In this paper for the first time the Cantril ladder question data have been employed in the way which later has become known as happiness...
Persistent link: https://www.econbiz.de/10010326310
I show how the influences of unskilled immigration, differential fertility between immigrants and the local indigenous population, and incentives for investment in human capital combine to predict the decline of the West. In particular, indigenous low-skilled workers lose from unskilled...
Persistent link: https://www.econbiz.de/10010335967
rich, who can resort to private education. I also analyze the overall society-wide effect of the integration policy and … derive a condition that determines precisely whether this policy increases or decreases the average level of human capital in …
Persistent link: https://www.econbiz.de/10010336046
Using data from national socio-economic panel surveys in Australia, Britain and Germany, this paper analyzes the effects of individual preferences and choices on subjective well-being (SWB). It is shown that, in all three countries, preferences and choices relating to life goals/values,...
Persistent link: https://www.econbiz.de/10011600944
A standard approach to estimating structural parameters in life-cycle models imposes sufficient assumptions on the data to identify the "age profile" of outcomes, then chooses model parameters so that the model's age profile matches this empirical age profile. I show that this approach is both...
Persistent link: https://www.econbiz.de/10012030337
In empirical research it is common practice to use sensible rules of thumb for cleaning data. Measurement error is often the justification for removing (trimming) or recoding (winsorizing) observations whose values lie outside a specified range. We consider a general measurement error process...
Persistent link: https://www.econbiz.de/10010261852