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

Alexander Kemnitz

No 1525, CESifo Working Paper Series from CESifo

Abstract: 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.

Keywords: immigration; public pensions; trade union (search for similar items in EconPapers)
JEL-codes: F22 H55 J51 (search for similar items in EconPapers)
Date: 2005
New Economics Papers: this item is included in nep-pbe
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.cesifo.org/DocDL/cesifo1_wp1525.pdf (application/pdf)

Related works:
Journal Article: Can immigrant employment alleviate the demographic burden? The role of union centralization (2008)
Working Paper: Can Immigrant Employment Alleviate the Demographic Burden? The Role of Union Centralization (2006)
Working Paper: Can Immigrant Employment Alleviate the Demographic Burden? The Role of Union Centralization (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_1525

Access Statistics for this paper

More papers in CESifo Working Paper Series from CESifo Contact information at EDIRC.
Bibliographic data for series maintained by Klaus Wohlrabe ().