Ageing-Driven Migration and Redistribution: Comparing Policy Regimes

49 Pages Posted: 20 Apr 2020 Last revised: 9 Apr 2023

See all articles by Assaf Razin

Assaf Razin

Tel Aviv University - Eitan Berglas School of Economics

Alexander Horst Schwemmer

Ludwig Maximilian University of Munich (LMU) - Faculty of Economics

Date Written: April 2020

Abstract

Life cycle and insurance-type considerations dominate redistribution policy. Wage and fiscal prospects of ageing dominate migration policy. The paper compares distinct policy regimes, directed at migration and redistribution issues. Migration quotas, provision of social benefits, labor income taxation, and capital income taxation, are all endogenously determined in a policy-optimizing framework. The analysis makes a three-way comparison: free-migration regime vs. restricted-migration regime, welfare-state regime vs. no-migration-quota, no-redistribution regime, and low-income-majority regime vs. high-income-majority regime.

Suggested Citation

Razin, Assaf and Schwemmer, Alexander Horst, Ageing-Driven Migration and Redistribution: Comparing Policy Regimes (April 2020). NBER Working Paper No. w26998, Available at SSRN: https://ssrn.com/abstract=3580556

Assaf Razin (Contact Author)

Tel Aviv University - Eitan Berglas School of Economics ( email )

P.O. Box 39040
Ramat Aviv, Tel Aviv, 69978
Israel

Alexander Horst Schwemmer

Ludwig Maximilian University of Munich (LMU) - Faculty of Economics ( email )

Ludwigstrasse 28
Munich, D-80539
Germany

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
6
Abstract Views
189
PlumX Metrics