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PAYG challenge for preferential migration
| Content Provider | Scilit |
|---|---|
| Author | Aslanyan, Gurgen Mariev, Oleg |
| Copyright Year | 2020 |
| Description | The current study assesses the role of the pay-as-you-go system as an intergenerational redistributive mechanism while immigration control is considered. A theoretical model of a small open economy populated with overlapping generations of heterogeneous agents is used to show that skill-favouring immigration policies are, under rather permissive conditions, welfare depriving for the overall population. However, the policy-setting generation is shown to benefit from immigration control, thus decreasing the welfare for the future population. |
| Related Links | https://www.cambridge.org/core/services/aop-cambridge-core/content/view/FBB111C6B98756D5411635BD2157B2B2/S147474722000013Xa.pdf/div-class-title-payg-challenge-for-preferential-migration-div.pdf |
| Ending Page | 316 |
| Page Count | 16 |
| Starting Page | 301 |
| ISSN | 14747472 |
| e-ISSN | 14753022 |
| DOI | 10.1017/s147474722000013x |
| Journal | Journal of Pension Economics and Finance |
| Issue Number | 2 |
| Volume Number | 20 |
| Language | English |
| Publisher | Cambridge University Press (CUP) |
| Publisher Date | 2021-04-01 |
| Access Restriction | Open |
| Subject Keyword | Journal of Pension Economics and Finance Intergenerational Redistribution Social Security |
| Content Type | Text |
| Resource Type | Article |
| Subject | Finance Economics and Econometrics Organizational Behavior and Human Resource Management |