Abstract
The ageing process will lead to a dramatic rise in dependency ratios in Europe over the next decades. At the same time, labor mobility will increase due to European integration, facilitating international migration in Europe. We analyze the implications of migration and ageing for European social security systems. With uncoordinated social security policies, national pension funds compete for contributors whose mobility is the source of indeterminacy. The viability of coordination among national social security systems depends critically on which policy parameter it is based. The benefits from coordination are limited, and coordination is unlikely to yield efficient outcomes.
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© 1995 Springer-Verlag Berlin Heidelberg
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von Hagen, J., Walz, U. (1995). Social Security and Migration in an Ageing Europe. In: Eichengreen, B., Frieden, J., von Hagen, J. (eds) Politics and Institutions in an Integrated Europe. European and Transatlantic Studies. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-57811-3_8
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DOI: https://doi.org/10.1007/978-3-642-57811-3_8
Publisher Name: Springer, Berlin, Heidelberg
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