Intergenerational Redistribution and Labor Mobility: A Survey
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Increasing labor mobility has an impact on all redistributive policy measures undertaken by national governments. This paper focuses on intergenerational redistribution, in particular PAYG financed public pension systems, and surveys some of the recent literature on this topic. One part of the literature chooses the perspective of a single country and investigates how labor mobility affects voting outcomes and the welfare of certain groups in society. A second strand of the literature addresses global efficiency issues and the harmonization of social policies in multijurisdictional settings.