Immigration et âge de départ à la retraite
AbstractWe examine the link between the low-skilled immigration and the retirement decision. Using an overlapping-generations model with heterogeneous agents and endogenous labor supply, we analyze the effects of changes in the immigrant quota on the preferred retirement age in the presence of a Pay-as-you-go (payg) social security system. We show that the decision to retire dependent on migration via the effect the latter has on the wage and on retirement pension. The crucial element is that the arrival of immigrants brings higher labor income to skilled seniors who may extend their working life and retire later when the pension system is more redistributive. Classification JEL : H55, J26, J61
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Bibliographic InfoArticle provided by Presses de Sciences-Po in its journal Revue économique.
Volume (Year): Volume 61 (2010)
Issue (Month): 5 ()
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Web page: http://www.cairn.info/revue-economique.htm
Find related papers by JEL classification:
- H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
- J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
- J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
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