Resource title

Can immigrant employment alleviate the demographic burden? : The role of union centralization

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Resource 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.

Resource author

Alexander Kemnitz

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/18989

Resource license

Adapt according to the presented license agreement and reference the original author.