| Poutvaara, Panu (2005): Social security incentives, human capital investment and mobility of labor. CESifo Working Paper, 1544 |
Full text not available from 'Open Access LMU'.
External fulltext: http://hdl.handle.net/10419/19008
Abstract
Migration between countries with earnings-related and flat-rate pay-as-you-go social security systems may change human capital investments in both countries. The possibility of emigration boosts investments in human capital in the country with flat-rate benefits. Correspondingly, those expecting to migrate from the country with earnings-related benefits to a country with flat-rate benefits may reduce their investment in education. With suitably planned transfers between the two countries, allowing for migration may generate a Paretoimprovement for all current and future generations. Without transfers, either country may be unable to pay for promised benefits when labor becomes mobile.
| Item Type: | Paper (Discussion Paper) |
|---|---|
| Faculties: | Economics Economics > Chairs > CESifo-Professorship for International Institutional Comparisons |
| Subjects: | 300 Social sciences > 330 Economics |
| Language: | English |
| ID Code: | 19291 |
| Deposited On: | 15. Apr 2014 08:49 |
| Last Modified: | 29. Apr 2016 09:16 |
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