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

Alexander Kemnitz

No 616, Discussion Papers from Institut fuer Volkswirtschaftslehre und Statistik, Abteilung fuer Volkswirtschaftslehre

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
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Citations: View citations in EconPapers (2)

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https://madoc.bib.uni-mannheim.de/1586/1/616.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 (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:mnh:vpaper:1586

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