Resource title

Can Immigrant Employment Alleviate the Demographic Burden? The Role of Union Centralization

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Resource description

We examine how labor immigration affects public pensions under centralized wage setting. We show that immigration improves the sustainability of pay-as-you-go pensions if and only if total employment declines. This occurs if the labor demand elasticity exceeds the unemployment rate.

Resource author

Alexander Kemnitz

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Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/22740

Resource license

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