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| Author: | Storesletten, K. |
| Title: | Sustaining fiscal policy through immigration |
| Journal: | Journal of Political Economy
2000 : APR, VOL. 108:2, p. 300-323 |
| Index terms: | POLITICAL ECONOMY FISCAL POLICY IMMIGRATION |
| Language: | eng |
| Abstract: | Using a calibrated general equilibrium overlapping generations model, which explicitly accounts for differences between immigrants and natives, this paper investigates whether a reform of immigration policies alone could resolve the fiscal problems associated with the aging of the baby boom generation. Such policies are found to exist and are characterized by an increased inflow of working-age high- and medium-skilled immigrants. |
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