{"title": "Social security incentives, human capital investment and mobility of labor", "subjects": ["Emigration and immigration", "Labor mobility", "Social security"], "key": "/works/OL5892328W", "authors": [{"type": {"key": "/type/author_role"}, "author": {"key": "/authors/OL1453269A"}}], "type": {"key": "/type/work"}, "description": {"type": "/type/text", "value": "\"Migration between countries with earnings-related and flat-rate pay-as-you-go social security systems may change human capital investments in both countries. The possibility of emigration boosts investments in human capital in the country with flat-rate benefits. Correspondingly, those expecting to migrate from the country with earnings-related benefits to a country with flat-rate benefits may reduce their investment in education. With suitably planned transfers between the two countries, allowing for migration may generate a Pareto-improvement for all current and future generations. Without transfers, either country may be unable to pay for promised benefits when labor becomes mobile\"--Forschungsinstitut zur Zukunft der Arbeit web site."}, "latest_revision": 3, "revision": 3, "created": {"type": "/type/datetime", "value": "2009-12-10T18:08:58.772229"}, "last_modified": {"type": "/type/datetime", "value": "2020-12-13T23:18:23.826257"}}