Social Security and Migration in an Ageing Europe
AbstractThe European ageing process will lead to a dramatic rise in dependency ratios over the next decades. At the same time labour mobility will increase as a result of greater European economic integration. We analyse the implications of migration and ageing for European social security systems. With uncoordinated social security policies, national pensions funds compete for contributors whose mobility is the source of indeterminacy. The viability of coordination among national social security systems depends critically on which policy parameter it is based on. The benefits from coordination are limited and coordination is unlikely to yield efficient outcomes.
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Bibliographic InfoPaper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 1022.
Date of creation: Sep 1994
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Find related papers by JEL classification:
- H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
- H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue
- H87 - Public Economics - - Miscellaneous Issues - - - International Fiscal Issues; International Public Goods
- J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
- J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
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