Author : Assaf Razin
Release : 2009
Genre : Emigration and immigration
Kind : eBook
Book Rating : /5 ( reviews)
Book Synopsis Migration-regime Liberalization and Social Security by : Assaf Razin
Download or read book Migration-regime Liberalization and Social Security written by Assaf Razin. This book was released on 2009. Available in PDF, EPUB and Kindle. Book excerpt: The 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.