Migration and the welfare state: Dynamic Political-Economy Theory
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We develop a dynamic politico-economic theory of welfare state, featuring three groups of voters: skilled workers, unskilled workers, and old retirees. The welfare-state is modeled by a proportional tax on labor income to finance a demogrant in a balanced-budget manner to capture the essence of
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美国国家经济研究局创建时间：
2009-03-01
