We examine how labor immigration affects public pensions under centralized wage setting. We show that immigration …

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 …

We examine how labor immigration affects public pensions under centralized wage setting. We show that immigration …

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 …

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 …

In recent years, Germany and other European countries face the strongest immigration flow in their history. Experts … arrivals. This paper investigates the impact of low-skilled immigration on a unionized economy with labor market frictions. It … especially examines how immigration affects the technology choice of firms and, thereby, the technological alignment of the host …

Immigration has been popularised in the economics literature as a tool to balance the troubled PAYG pension systems. A … pivotal research by Razin and Sadka showed that unskilled immigration can surmount the pension problem and, further, boost the … mechanisms through which unskilled immigration, while solving the pension problem, causes undesired shifts in general welfare …