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The Role of Immigration in the Retirement Age Reform : A Theoretical Analysis

Author

Listed:
  • Lagos Francisco

    (University of Granada, fmlagos@ugr.es)

  • Lacomba Juan

    (University of Granada, jlacomba@ugr.es)

Abstract

This paper examines the role played by the low-skilled immigrant labor force in countries aiming to reform their public pensions systems by postponing the pensionable age. With an overlapping-generations model in continuous time and a fully redistributive pension scheme, the arrival of immigrants affects the retirement benefits of the host population in a different manner according to whether they share or not pension benefits. Our results suggest that governments attempting to delay the legal retirement age should take into account the effect of immigration on the optimal retirement age of native individuals.

Suggested Citation

  • Lagos Francisco & Lacomba Juan, 2005. "The Role of Immigration in the Retirement Age Reform : A Theoretical Analysis," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 5(1), pages 1-20, September.
    • Handle: RePEc:bpj:bejeap:v:topics.5:y:2005:i:1:n:14
    DOI: 10.1515/1538-0653.1447
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    Citations

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    Cited by:

    1. Даниелян, Владимир, 2016. "Детерминанты Пенсионного Возраста: Обзор Исследований [Determinants of Retirement Age: A Review of Research]," MPRA Paper 73865, University Library of Munich, Germany.
    2. Juan A. Lacomba & Francisco Lagos, 2010. "Immigration and Pension Benefits in the Host Country," Economica, London School of Economics and Political Science, vol. 77(306), pages 283-295, April.
    3. Tim Krieger, 2008. "Public pensions and return migration," Public Choice, Springer, vol. 134(3), pages 163-178, March.
    4. repec:kap:iaecre:v:12:y:2006:i:4:p:530-539 is not listed on IDEAS
    5. Krieger, Tim, 2005. "Renten und Zuwanderung: Ein Überblick über neue Ergebnisse der Forschung," Arbeitspapiere der Nordakademie 2005-04, Nordakademie - Hochschule der Wirtschaft.
    6. Jinno, Masatoshi, 2018. "Calculating the net benefi t of admitting immigrants under the de fined-return-ratio pay-as-you-go pension system," MPRA Paper 84931, University Library of Munich, Germany.

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