Abstract
Although the population of the US is both getting older and growing more slowly than in the past, the demographic future for the US is younger than that of the core EU countries. This chapter presents a political-economy overlapping generations model which predicts the implications for aging on the generosity of the welfare state.
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© 2014 Assaf Razin and Efraim Sadka
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Razin, A., Sadka, E. (2014). Aging and Migration: The US and the EU. In: Migration States and Welfare States: Why Is America Different from Europe?. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137443809_10
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DOI: https://doi.org/10.1057/9781137443809_10
Publisher Name: Palgrave Macmillan, New York
Print ISBN: 978-1-349-49582-5
Online ISBN: 978-1-137-44380-9
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)