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Social Security and Migration in an Ageing Europe

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  • von Hagen, Jürgen
  • Walz, Uwe

Abstract

The 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 Info

Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 1022.

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Date of creation: Sep 1994
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Handle: RePEc:cpr:ceprdp:1022

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Related research

Keywords: Ageing; European Integration; Migration; Social Security;

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Cited by:
  1. Tim Krieger, 2001. "Intergenerational Redistribution and Labor Mobility: A Survey," Departmental Discussion Papers 106, University of Goettingen, Department of Economics.
  2. Alexander Haupt & Wolfgang Peters, 2001. "Voting on Public Pensions With Hand and Feet: How Young Migrants Try to Escape From Gerontocracy," CESifo Working Paper Series 523, CESifo Group Munich.
  3. Julio Lípez Díaz & Zenón J. Ridruejo, . "Cambio demográfico, inmigración y crecimiento económico," Studies on the Spanish Economy 99, FEDEA.
  4. Schündeln, Matthias, 2007. "Are Immigrants More Mobile Than Natives? Evidence from Germany," IZA Discussion Papers 3226, Institute for the Study of Labor (IZA).
  5. Saarenheimo , Tuomas, 2005. "Ageing, interest rates, and financial flows," Research Discussion Papers 2/2005, Bank of Finland.
  6. Groezen, B.J.A.M. van & Leers, T., 2000. "The Effects of Asymmetric Demographic Shocks with Perfect Capital Mobility," Discussion Paper 2000-88, Tilburg University, Center for Economic Research.

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