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Global Aging and Fiscal Policy with International Labor Mobility: A Political Economy Perspective Author info | Abstract | Publisher info | Download info | Related research | Statistics Mehmet S. Tosun
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This paper uses an overlapping generations model with international labor mobility and a politically responsive fiscal policy to examine aging in developed and developing regions. Migrant workers change the political structure composed of young and elderly voters in both labor-receiving and labor-sending countries. Numerical simulations show that the developed region benefits more from international labor mobility through the contribution of migrant workers as laborers, savers, and voters. The developing region experiences significant growth in all specifications but benefits more under international capital mobility. Restricting political participation of migrant workers in the developed region produces inferior growth results.
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Paper provided by International Monetary Fund in its series IMF Working Papers with number
05/140.
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Length: 35 pages
Date of creation: 28 Jul 2005Date of revision:
Handle: RePEc:imf:imfwpa:05/140Contact details of provider: Postal: International Monetary Fund, Washington, DC USA Phone: (202) 623-7000 Fax: (202) 623-4661 Email: Web page: http://www.imf.org/external/pubind.htm More information through EDIRC
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Keywords: Population ; Aging ; Fiscal policy ; Labor mobility ; Capital flows ; Economic models ; Political economy ; Other versions of this item:
This paper has been announced in the following NEP Reports :
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Lamin Leigh, 2006.
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Mehmet Tosun, 2006.
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Mehmet Serkan Tosun & Claudia Williamson & Pavel Yakovlev, 2007.
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