Social Security Incentives, Human Capital Investment and Mobility of Labor
Abstract
Migration between countries with earnings-related and flat-rate pay-as-you-go social security systems may change human capital investments in both countries. The possibility of emigration boosts investments in human capital in the country with flat-rate benefits. Correspondingly, those expecting to migrate from the country with earnings-related benefits to a country with flat-rate benefits may reduce their investment in education. With suitably planned transfers between the two countries, allowing for migration may generate a Pareto-improvement for all current and future generations. Without transfers, either country may be unable to pay for promised benefits when labor becomes mobile.Download Info
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Paper provided by CESifo Group Munich in its series CESifo Working Paper Series with number 1544.Length:
Date of creation: 2005
Date of revision:
Handle: RePEc:ces:ceswps:_1544
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Related research
Keywords: social security; education; migration; earnings-related and flat-rate pensions;Other versions of this item:
- Poutvaara, Panu, 2007. "Social security incentives, human capital investment and mobility of labor," Journal of Public Economics, Elsevier, vol. 91(7-8), pages 1299-1325, August.
- Poutvaara, Panu, 2005. "Social Security Incentives, Human Capital Investment and Mobility of Labor," IZA Discussion Papers 1729, Institute for the Study of Labor (IZA).
- H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
- I2 - Health, Education, and Welfare - - Education
- F22 - International Economics - - International Factor Movements and International Business - - - International Migration
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-10-04 (All new papers)
- NEP-EDU-2005-10-04 (Education)
- NEP-LAB-2005-10-04 (Labour Economics)
- NEP-PBE-2005-10-04 (Public Economics)
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Tim Krieger & Stefan Traub, 2009. "Wie hat sich die intragenerationale Umverteilung in der staatlichen Säule des Rentensystems verändert? Ein internationaler Vergleich auf Basis von LIS-Daten," Working Papers 24, University of Paderborn, CIE Center for International Economics.
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- Carlo Altavilla & Paul De Grauwe, 2005.
"Non-Linearities in the Relation between the Exchange Rate and its Fundamentals,"
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1561, CESifo Group Munich.
- Carlo Altavilla & Paul De Grauwe, 2010. "Non-linearities in the relation between the exchange rate and its fundamentals," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 15(1), pages 1-21.
- Altavilla, C & De Grauwe, Paul, 2005. "Non-linearities in the relation between the exchange rate and its fundamentals," Open Access publications from Katholieke Universiteit Leuven urn:hdl:123456789/120956, Katholieke Universiteit Leuven.
- Gordon Hanson, 2010.
"The Governance of Migration Policy,"
Journal of Human Development and Capabilities,
Taylor and Francis Journals, vol. 11(2), pages 185-207.
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"Migration and Social Insurance,"
IDEI Working Papers
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- Helmuth Cremer & Catarina Goulão, 2011. "Migration and Social Insurance," CESifo Working Paper Series 3478, CESifo Group Munich.
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- Marko Koethenbuerger, 2012.
"Competition for Migrants in a Federation: Tax or Transfer Competition?,"
EPRU Working Paper Series
2012-01, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics.
- Marko Köthenbürger, 2012. "Competition for Migrants in a Federation: Tax or Transfer Competition?," CESifo Working Paper Series 3709, CESifo Group Munich.
- Michael Gorski & Tim Krieger & Thomas Lange, 2007. "Pensions, Education and Life Expectancy," Working Papers 4, University of Paderborn, CIE Center for International Economics.
- Fedotenkov, I., 2012. "Pensions and ageing in a globalizing world. International spillover effects via trade and factor mobility," Open Access publications from Tilburg University urn:nbn:nl:ui:12-5590843, Tilburg University.
- Falch, Torberg & Fischer, Justina AV, 2011. "Welfare state generosity and student performance: Evidence from international student tests," MPRA Paper 35269, University Library of Munich, Germany.
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