@techreport{NBERw15013, title = "Migration-Regime Liberalization and Social Security: Political-Economy Effect", author = "Assaf Razin and Edith Sand", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "15013", year = "2009", month = "May", URL = "http://www.nber.org/papers/w15013", abstract = {The pay-as-you-go social security system, increasingly burdened by dwindling labor force, can benefit from immigrants whose birth rates exceed those of the native born birth. The paper examines adynamic political-economy mechanism through which the social security system influences the young decisive voter's attitudes in favor of a more liberal immigration regime. A Markov equilibrium with social security consists of a more liberal migration policy, than a corresponding equilibrium with no social security. Thus, the social security system effectively provides an incentive to liberalize migration policy through a political-economy mechanism.}, }