Social security and economic integration

L. Artige, Antoine Dedry and Pierre Pestieau

Economics Letters, 2014, vol. 123, issue 3, 318-322

Abstract: This letter analyzes the impact of economic integration on capital accumulation and capital flows when countries differ in their social security systems. Funding and early retirement both foster capital accumulation relative to pay-as-you-go pensions with flexible retirement. When economies integrate, both imply capital outflow possibly resulting in utility losses.

Keywords: Economic union; Pension; Retirement age; Social security (search for similar items in EconPapers)
JEL-codes: F42 H2 J26 (search for similar items in EconPapers)
Date: 2014
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Related works:
Working Paper: Social security and economic integration (2014)
Working Paper: Social security and ecoomic integration (2014)
Working Paper: Social security and economic integration (2014)
Working Paper: Social security and economic integration (2014)
Working Paper: Social security and economic integration (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:123:y:2014:i:3:p:318-322

DOI: 10.1016/j.econlet.2014.02.027

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