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Title: | Can immigrant employment alleviate the demographic burden? : The role of union centralization |
Keywords: | J51 H55 F22 ddc:330 immigration public pensions trade union Einwanderung Internationale Arbeitsmobilität Rentenfinanzierung Gesetzliche Rentenversicherung Lohnbildung Gewerkschaftlicher Organisationsgrad Theorie |
Issue Date: | 16-Oct-2013 |
Publisher: | |
Description: | 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. |
URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/18989 |
Other Identifiers: | http://hdl.handle.net/10419/18989 ppn:500571376 |
Appears in Collections: | EconStor |
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