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Pareto-improving Immigration and Its Effect on Capital Accumulation in the Presence of Social Security
http://hdl.handle.net/2261/56082
http://hdl.handle.net/2261/56082ec829e35-5b39-4647-bc87-f5ed69a18284
名前 / ファイル | ライセンス | アクション |
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wp045.pdf (779.9 kB)
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Item type | テクニカルレポート / Technical Report(1) | |||||
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公開日 | 2015-05-11 | |||||
タイトル | ||||||
タイトル | Pareto-improving Immigration and Its Effect on Capital Accumulation in the Presence of Social Security | |||||
言語 | ||||||
言語 | eng | |||||
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資源タイプ識別子 | http://purl.org/coar/resource_type/c_18gh | |||||
資源タイプ | technical report | |||||
著者 |
Naito, Hisahiro
× Naito, Hisahiro |
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著者所属 | ||||||
値 | Department of Economics, Graduate School of Humanities and Social Sciences, University of Tsukuba | |||||
抄録 | ||||||
内容記述タイプ | Abstract | |||||
内容記述 | The effect of accepting more immigrants on welfare in the presence of a pay-as-you-go social security system is analyzed qualitatively and quantitatively. First, it is shown that if initially there exist intergenerational government transfers from the young to the old, the government can lead an economy to the (modified) golden rule level within a finite time in a Pareto-improving way by increasing the percentage of immigrants to natives (PITN). Second, using the computational overlapping generation model, the welfare gain is calculated of increasing the PITN from 15.5 percent to 25.5 percent and years needed to reach the (modified) golden rule level in a Pareto-improving way in a model economy. The simulation shows that the present value of the welfare gain of increasing the PITN comprises 23 percent of the initial GDP. It takes 112 years for the model economy to reach the golden rule level in a Pareto-improving way. | |||||
内容記述 | ||||||
内容記述タイプ | Other | |||||
内容記述 | 2012~2016年度科学研究費補助金[基盤研究(S)]「長期デフレの解明」(研究代表者 東京大学経済学研究科・渡辺努, 課題番号:24223003) | |||||
書誌情報 |
JSPS Grants-in-Aid for Scientific Research (S) Understanding Persistent Deflation in Japan Working Paper Series 巻 045, 発行日 2014-09 |
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出版者 | UTokyo Price Project | |||||
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識別子タイプ | URI | |||||
関連識別子 | http://www.price.e.u-tokyo.ac.jp/researchdata/ |