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기사

The effect of immigration in the retirement age reforms: learning from a numerical example /

개인저자
Lacomba, Juan A. ;, Lagos, Francisco
수록페이지
367-372 p.
발행일자
2007.10.17
출판사
Blackwell Publishing
초록
[영문]This article examines the role played by the low-skilled immigrant labour force in countries aiming to reform their public pension systems by postponing the pensionable age. With an overlapping-generations model in continuous time and a fully redistributive pension system, the results of this article suggest that immigration could imply a delay in the pensionable retirement age. Further, we find that the preference for a delay in retirement age increases with the labour productivity of both immigrants and native population.