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Immigration and public finances in OECD countries

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اقرأ أكثر حفظ في قائمتي
  • معلومة اضافية
    • Contributors:
      Paris School of Economics (PSE); Université Paris 1 Panthéon-Sorbonne (UP1)-École normale supérieure - Paris (ENS-PSL); Université Paris Sciences et Lettres (PSL)-Université Paris Sciences et Lettres (PSL)-École des hautes études en sciences sociales (EHESS)-École des Ponts ParisTech (ENPC)-Centre National de la Recherche Scientifique (CNRS)-Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement (INRAE); Paris Jourdan Sciences Economiques (PJSE); Université Paris Sciences et Lettres (PSL)-Université Paris Sciences et Lettres (PSL)-Institut National de la Recherche Agronomique (INRA)-École des hautes études en sciences sociales (EHESS)-École des Ponts ParisTech (ENPC)-Centre National de la Recherche Scientifique (CNRS); Centre d'Études et de Recherches sur le Développement International (CERDI); Université d'Auvergne - Clermont-Ferrand I (UdA)-Centre National de la Recherche Scientifique (CNRS); EconomiX (EconomiX); Université Paris Nanterre (UPN)-Centre National de la Recherche Scientifique (CNRS)
    • بيانات النشر:
      HAL CCSD
      Elsevier
    • الموضوع:
      2019
    • Collection:
      Institut National de la Recherche Agronomique: ProdINRA
    • نبذة مختصرة :
      International audience ; This paper shows that the macroeconomic and fiscal consequences of international migration are positive for OECD countries, and suggests that international migration produces a demographic dividend by increasing the share of the workforce within the population. The estimation of a structural vector autoregressive model on a panel of 19 OECD countries over the period 1980–2015 reveals that a migration shock increases GDP per capita through a positive effect on both the ratio of working-age to total population and the employment rate. International migration also improves the fiscal balance by reducing the per capita transfers paid by the government and per capita old-age public spending. To rationalize these findings, an original theoretical framework is developed. This framework highlights the roles of both the demographic structure and intergenerational public transfers and shows that migration is beneficial to host economies characterized by aging populations and large public sectors.
    • Relation:
      halshs-02072531; https://shs.hal.science/halshs-02072531; https://shs.hal.science/halshs-02072531/document; https://shs.hal.science/halshs-02072531/file/S0165188918303920.pdf; PII: S0165-1889(18)30392-0
    • الرقم المعرف:
      10.1016/j.jedc.2018.12.003
    • الدخول الالكتروني :
      https://doi.org/10.1016/j.jedc.2018.12.003
      https://shs.hal.science/halshs-02072531
      https://shs.hal.science/halshs-02072531/document
      https://shs.hal.science/halshs-02072531/file/S0165188918303920.pdf
    • Rights:
      info:eu-repo/semantics/OpenAccess
    • الرقم المعرف:
      edsbas.832BB986