000 01436nab a2200229 c 4500
999 _c142804
_d142804
003 ES-MaIEF
005 20200924172232.0
007 ta
008 200924s2020 gw ||||| |||| 00| 0 eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
100 1 _968376
_aHoller, Johannes
245 0 0 _aLong-run fiscal consequences of refugee migration
_bthe case of Austria
_c Johannes Holler and Philip Schuster
260 _c2020
504 _aBibliografĂ­a
520 _aWe use a rich numerical OLG model of Auerbach-Kotlikoff type to simulate the long-run effects of refugee migration starting in 2015 for a country with an aging society and a generous welfare system, namely Austria. The respective refugee cohorts are on average younger, less educated, and less productive than both natives and the average migrant. The net fiscal contribution results from two opposing effects: a positive demographic effect which is counteracted by worse labor market outcomes. We robustly find that public debt is higher throughout the simulation horizon 2015–2060 than in the baseline. We further analyze the group-specific welfare consequences resulting from differentiated wage effects.
650 _aPOLITICA FISCAL
_948067
650 4 _948222
_aREFUGIADOS
650 _aAUSTRIA
_932208
700 1 _968377
_aSchuster, Philip
773 0 _9163253
_oOP 207/2020/3
_tFinanzArchiv
_w(IEF)21244
_x0015-2218
_gvolume 76, september 2020, p. 266-310
942 _cART