Labor Mobility and Redistribution with Evolving Altruism: The Small Economy Case
Philippe Michel,
Pierre Pestieau and
Jean-Pierre Vidal
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Jean-Pierre Vidal: CREPP, University of Liege, CORE, Universite catholique de Louvain and CEME,
No 1995059, LIDAM Discussion Papers CORE from Université catholique de Louvain, Center for Operations Research and Econometrics (CORE)
Abstract:
This paper analyzes the issue of income redistribution in a small economy in the process of opening itself to labor migration. It assumes that only full-fledged citizens benefit from redistribution and that it takes one period for a migrant to become a citizen. The degree of redistribution measured by the level of income transfer is shown to first increase and then decrease to its steady-state value.
Date: 1995-10-01
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Persistent link: https://EconPapers.repec.org/RePEc:cor:louvco:1995059
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