Migration Regime Liberalization And Social Security
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Migration-regime Liberalization and Social Security
Author | : Assaf Razin |
Publisher | : |
Total Pages | : 0 |
Release | : 2009 |
Genre | : Emigration and immigration |
ISBN | : |
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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.
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