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Inmigración y pensiones ¿Qué sabemos?

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Author Info

  • Conde Ruiz José Ignacio

    ()
    (FUNDACIÓN DE ESTUDIOS DE ECONOMÍA APLICADA)

  • Jimeno Serrano Juan Francisco

    ()
    (FUNDACIÓN DE ESTUDIOS DE ECONOMÍA APLICADA UNIVERSIDAD DE ALCALÁ UNIVERSIDAD PABLO DE OLAVIDE)

  • Valera Blanes Guadalupe

    ()
    (UNIVERSIDAD PABLO DE OLAVIDE)

Abstract

This study offers a broad view of the academic literature that deals with the effects of immigration on the sustainability of defined benefit PAYG social security systems. It is usually argued that a selective increase in the population helps towards the financial equilibrium of the system in the medium term. However, in the long term, as immigrants adopt the demographic patterns of the native population, the situation reverts to the initial status. In other words, the entry of immigrants of working age improves the financial sustainability of the social security system in the short and medium term, since it postpones the explosion of the dependency rate; but those immigrants are also generating the right to future pensions, therefore transferring the financial problem to the next generation.

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File URL: http://www.fbbva.es/TLFU/tlfu/esp/areas/econosoc/publicaciones/documentos/fichadoc/index.jsp?codigo=175
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Bibliographic Info

Paper provided by Fundacion BBVA / BBVA Foundation in its series Working Papers with number 201032.

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Length: 36
Date of creation: Feb 2006
Date of revision:
Handle: RePEc:fbb:wpaper:201032

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Keywords: Defined benefit PAYG Social Security System; immigration; dependency ratio; employment rate; education.;

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Cited by:
  1. Tânia Santos & Inmaculada Domínguez Fabián, 2012. "Immigration and pension system in Portugal," Working Papers 84, globADVANTAGE, Polytechnic Institute of Leiria.

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