Global aging and fiscal policy with international labor mobility: a political economy perspective

Arbeitspapier

This paper uses an overlapping generations model with international labor mobility and a politically responsive fiscal policy to examine aging in developed and developing regions. Migrant workers change the political structure composed of young and elderly voters in both labor-receiving and labor-sending countries. Numerical simulations show that the developed region benefits more from international labor mobility through the contribution of migrant workers as laborers, savers, and voters. The developing region experiences significant growth in all specifications but benefit more under international capital mobility. Restricting political participation of migrant workers in the developed region produces inferior growth results.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IZA Discussion Papers ; No. 4166

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Fiscal Policy ; International Investment; Long-term Capital Movements ; International Migration ; Economic Growth of Open Economies ; Fiscal Policies and Behavior of Economic Agents: General ; Demographic Economics: General
• Thema: Population aging ; overlapping generations ; endogenous fiscal policy ; international labor mobility ; international capital mobility ; Alternde Bevölkerung ; Overlapping Generations ; Finanzpolitik ; Internationale Arbeitsmobilität ; Kapitalmobilität ; Theorie ; Welt ; Entwicklungsländer

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Tosun, Mehmet Serkan
• Ereignis: Veröffentlichung
• (wer): Institute for the Study of Labor (IZA)
• (wo): Bonn
• (wann): 2009

Weitere Informationen

• Handle: http://hdl.handle.net/10419/35432
• URN: urn:nbn:de:101:1-20090605232
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ