Can immigrant employment alleviate the demographic burden? : The role of union centralization

Alexander Kemnitz

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.

MoreLess

Year of publication:	Aug. 2005
Other Persons:	Kemnitz, Alexander (contributor)
Publisher:	München : CESifo
Subject:	Einwanderung \| Immigration \| Arbeitsmigranten \| Migrant workers \| Rentenfinanzierung \| Pension finance \| Gesetzliche Rentenversicherung \| Public pension system \| Lohnbildung \| Wage setting \| Gewerkschaftsmitgliedschaft \| Union membership \| Theorie \| Theory

Extent:	Online-Ressource, 11 p. = 258 KB, text
Series:	CESifo working papers. - München : [Verlag nicht ermittelbar], ISSN 2364-1428, ZDB-ID 2065232-X. - Vol. 1525
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzungen: Acrobat reader
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10003114430