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Economies 2016, 4(4), 23; doi:10.3390/economies4040023

The Impact of Possible Migration Scenarios after ‘Brexit’ on the State Pension System

National Institute of Economic and Social Research (NIESR), 2 Dean Trench Street, Smith Square, London SW1P 3 HE, UK
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Academic Editor: Jacques Poot
Received: 12 July 2016 / Revised: 29 September 2016 / Accepted: 18 October 2016 / Published: 25 October 2016
(This article belongs to the Special Issue Long-Run Economic Impacts of International Migration)
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Abstract

The purpose of this paper is to explore the impacts of changes in migration flows—in particular, those resulting from possible migration policy changes after a UK exit (‘Brexit’) from the European Union (EU)—on the finances of the UK state pension system. We find that the aggregate effects of considered shocks to immigration associated with Brexit on the funding of UK state pensions are dwarfed by associated uncertainties, and by coincident cost increases due to population aging and (domestic) pension’s policy. View Full-Text
Keywords: migration; Brexit; state pension; fiscal effects migration; Brexit; state pension; fiscal effects
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This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).

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MDPI and ACS Style

Armstrong, A.; van de Ven, J. The Impact of Possible Migration Scenarios after ‘Brexit’ on the State Pension System. Economies 2016, 4, 23.

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