Immigration is often perceived as an instrument of adaptation for aging countries. In this paper, we evaluate, using a dynamic general equilibrium model, the contribution of migration policy in reducing the tax burden associated with the aging population in France. We show that the age and skill...

The potential economic impact of a selective migration policy are widely misunderstood. Three types of agents are affected : the migrants, the population of the leaving country and the natives of the host country. Based on a general equilibrium model with heterogeneous agents, this paper deals...

The paper deals with the fear-of-losing-customers argument for price rigidity. We address the following question: does the fact that customers are subject to non-renewal clause foster price flexibility? Using a new database in which customers are forced to change their subscription each year, we...