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effects of aging populations, migration, and globalization on the deteriorating system of financing welfare state benefits as … expanding the welfare state. The combined pressures of aging, migration, and globalization will shift the balance of political … how the combined forces of demographic change and globalization will make it impossible for the welfare state to maintain …
Persistent link: https://www.econbiz.de/10002113095
Mexico and the US. First, we find no evidence of long-run wage convergence among cohorts characterized by low migration … convergence for workers with high migration propensities. Finally, we find evidence of convergence in the border of Mexico vis …
Persistent link: https://www.econbiz.de/10010369823
, the effects of a globalization shock modelled as the entry of newly industrializing countries into the trading world on …
Persistent link: https://www.econbiz.de/10011402411
This paper considers education investment and public education policy in closed and open economies with an extortionary government. The extortionary government in a closed economy chooses an education policy in order to overcome a hold-up problem of time-consistent taxation similar to benevolent...
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