This paper investigates the effect of labor immigration on public pensions when wage setting by a centralized trade union leads to unemployment. It is shown that immigration improves the financial soundness of pay-as-you-go pensions if and only if it diminishes total employment. This occurs if the absolute value of the elasticity of labor demand exceeds the unemployment rate.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
file. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by Institut für Volkswirtschaft und Statistik (IVS), University of Mannheim in its series IVS discussion paper series with number
616.
Length: Date of creation: Date of revision: Handle: RePEc:mea:ivswpa:616
Contact details of provider: Postal: Institut für Volkswirtschaft und Statistik, L7, 3-5, Room 408, University of Mannheim, 68131 Mannheim Phone: +49/621/181.1861 Fax: +49/621/181.1863 Web page: http://www.vwl.uni-mannheim.de/institut
For technical questions regarding this item, or to correct its listing, contact: (Samir Chaturvedi).
Find related papers by JEL classification: F22 - International Economics - - International Factor Movements and International Business - - - International Migration H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions J51 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Trade Unions: Objectives, Structure, and Effects
This paper has been announced in the following NEP Reports:
References listed on IDEAS 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.: