Migration-Regime Liberalization and Social Security: Political-Economy Effect
AbstractThe pay-as-you-go social security system, increasingly burdened by dwindling labor force, can benefit from immigrants whose birth rates exceed those of the native born birth. The paper examines adynamic political-economy mechanism through which the social security system influences the young decisive voter's attitudes in favor of a more liberal immigration regime. A Markov equilibrium with social security consists of a more liberal migration policy, than a corresponding equilibrium with no social security. Thus, the social security system effectively provides an incentive to liberalize migration policy through a political-economy mechanism.
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Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 15013.
Date of creation: May 2009
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Other versions of this item:
- Assaf Razin & Edith Sand, 2009. "Migration-Regime Liberalization and Social Security: Political-Economy Effect," CESifo Working Paper Series 2653, CESifo Group Munich.
- Razin, Assaf & Sand, Edith, 2009. "Migration-Regime Liberalization and Social Security: Political-Economy Effect," CEPR Discussion Papers 7310, C.E.P.R. Discussion Papers.
- F2 - International Economics - - International Factor Movements and International Business
- H0 - Public Economics - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-05-30 (All new papers)
- NEP-MIG-2009-05-30 (Economics of Human Migration)
- NEP-POL-2009-05-30 (Positive Political Economics)
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