KOPS - The Institutional Repository of the University of Konstanz

Are national pension systems efficient if labor is (im)perfectly mobile?

Are national pension systems efficient if labor is (im)perfectly mobile?

Cite This

Files in this item

Files Size Format View

There are no files associated with this item.

BREYER, Friedrich, Martin KOLMAR, 2002. Are national pension systems efficient if labor is (im)perfectly mobile?. In: Journal of Public Economics. 83(3), pp. 347-374. ISSN 0047-2727. Available under: doi: 10.1016/S0047-2727(00)00170-5

@article{Breyer2002natio-16636, title={Are national pension systems efficient if labor is (im)perfectly mobile?}, year={2002}, doi={10.1016/S0047-2727(00)00170-5}, number={3}, volume={83}, issn={0047-2727}, journal={Journal of Public Economics}, pages={347--374}, author={Breyer, Friedrich and Kolmar, Martin} }

<rdf:RDF xmlns:dcterms="http://purl.org/dc/terms/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:bibo="http://purl.org/ontology/bibo/" xmlns:dspace="http://digital-repositories.org/ontologies/dspace/0.1.0#" xmlns:foaf="http://xmlns.com/foaf/0.1/" xmlns:void="http://rdfs.org/ns/void#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" > <rdf:Description rdf:about="https://kops.uni-konstanz.de/rdf/resource/123456789/16636"> <dcterms:abstract xml:lang="eng">In this paper we analyze the effects of labor-market integration on national, unfunded public-pension systems that are organized according to a ‘place of residence’ principle. With this principle, labor might migrate for purely fiscal reasons. Thus, some kind of coordination becomes necessary. We first show that for the case of unrestricted labor mobility the equalization of contributions is necessary and sufficient for efficiency if the pension systems remain decentralized. However, national decision makers do not in general have an incentive to voluntarily stick to equalized contributions. With a segmented labor market where one segment is costlessly mobile whereas the other segment is completely immobile, the coordination requirements are far more complicated if migration cannot compensate for differences in national fertilities. If it can, the efficiency of equalization turns out to be robust. Finally we show that replacing the principle of residence with the ‘principle of nationality’ does not eliminate the risk of fiscal externalities.</dcterms:abstract> <foaf:homepage rdf:resource="http://localhost:8080/jspui"/> <dcterms:isPartOf rdf:resource="https://kops.uni-konstanz.de/rdf/resource/123456789/46"/> <dspace:isPartOfCollection rdf:resource="https://kops.uni-konstanz.de/rdf/resource/123456789/46"/> <dc:contributor>Kolmar, Martin</dc:contributor> <bibo:uri rdf:resource="http://kops.uni-konstanz.de/handle/123456789/16636"/> <dc:contributor>Breyer, Friedrich</dc:contributor> <dc:creator>Breyer, Friedrich</dc:creator> <dcterms:bibliographicCitation>Publ. in: Journal of Public Economics ; 83 (2002), 3. - S. 347–374</dcterms:bibliographicCitation> <dcterms:issued>2002</dcterms:issued> <void:sparqlEndpoint rdf:resource="http://localhost/fuseki/dspace/sparql"/> <dc:language>eng</dc:language> <dcterms:title>Are national pension systems efficient if labor is (im)perfectly mobile?</dcterms:title> <dcterms:available rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2011-11-09T10:15:41Z</dcterms:available> <dcterms:rights rdf:resource="https://kops.uni-konstanz.de/page/termsofuse"/> <dc:date rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2011-11-09T10:15:41Z</dc:date> <dc:creator>Kolmar, Martin</dc:creator> <dc:rights>terms-of-use</dc:rights> </rdf:Description> </rdf:RDF>

This item appears in the following Collection(s)

Search KOPS


Browse

My Account