Economics and Finance Faculty Publications and Presentations

Document Type

Book Chapter

Publication Date

2024

Abstract

The following sections are included:

  • Introduction

  • A Political Economic Model of Immigration

    • The economic environment

    • Preferences of the old

    • Preferences of the young

    • Types of equilibria

  • Applications and Extensions

    • Aging

    • The model under periodic fertility rates: Baby booms and baby busts

    • Immigration and dynamic efficiency

  • Conclusions

  • References

  • Appendix

    • The indirect utility function of the young as a function of wt, Rt+1 and bt+1

    • Proof that b t + 1 R t + 1 is given by τ ( 1 − α ) α s t

    • Derivation of the young agent’s indirect utility function (Equation (6.14))

    • Derivation of Equation (6.15)

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

First Page

141

Last Page

164

Publication Title

World Scientific Handbook of Global Migration

DOI

10.1142/9789811248139_0006

Included in

Finance Commons

Share

COinS
 
 

To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.