
Economics and Finance Faculty Publications and Presentations
Document Type
Book Chapter
Publication Date
2024
Abstract
The following sections are included:
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Introduction
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A Political Economic Model of Immigration
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The economic environment
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Preferences of the old
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Preferences of the young
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Types of equilibria
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Applications and Extensions
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Aging
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The model under periodic fertility rates: Baby booms and baby busts
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Immigration and dynamic efficiency
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Conclusions
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References
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Appendix
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The indirect utility function of the young as a function of wt, Rt+1 and bt+1
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Proof that b t + 1 R t + 1 is given by τ ( 1 − α ) α s t
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Derivation of the young agent’s indirect utility function (Equation (6.14))
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Derivation of Equation (6.15)
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Recommended Citation
Lopez-Velasco, A.R., 2024. Endogenous Immigration Policy in a Stylized Political Economy. In World Scientific Handbook of Global Migration: Volume 2: Global Migration: Alternative Views and Social Comparisons (pp. 141-164). https://doi.org/10.1142/9789811248139_0006
First Page
141
Last Page
164
Publication Title
World Scientific Handbook of Global Migration
DOI
10.1142/9789811248139_0006
Comments
Electronic version of an article published as Lopez-Velasco, A.R., 2024. Endogenous Immigration Policy in a Stylized Political Economy. In World Scientific Handbook of Global Migration: Volume 2: Global Migration: Alternative Views and Social Comparisons (pp. 141-164). © World Scientific Publishing Company https://doi.org/10.1142/9789811248139_0006