Ageing-Driven Migration and Redistribution: Comparing Policy Regimes

Assaf Razin and Alexander Schwemmer

No 26998, NBER Working Papers from National Bureau of Economic Research, Inc

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.

JEL-codes: F2 F22 H3 H4 J11 (search for similar items in EconPapers)
Date: 2020-04
New Economics Papers: this item is included in nep-age, nep-ias, nep-lab and nep-mig
Note: IFM
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Working Paper: Ageing-Driven Migration and Redistribution: Comparing Policy Regimes (2020)
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