The Greying of Japan An Economic Perspective on Public Pensions

by Takayama, Noriyuki

• ISBN13: 9784314100656
• ISBN10: 4314100656
• Format: Hardcover
• Copyright: 1993-01-28
• Publisher: Oxford University Press

Summary

This book looks at the economic consequences of the political decisions embodied in the Japanese public pension system under conditions of a rapidly aging population. Projections imply that Japan's population will peak out in ten to fifteen years, then begin to fall, a situation which could cause serious social and economic disruption. The author also presents the current economic status of the elderly, and estimates income transfers between generations through public pensions.

Table of Contents

Preface
Contents
List of Tables
List of Figures
Public Pension Programs in Japan	p. 1
Population Aging and the Economic Status of the Elderly	p. 19
Household Asset and Wealth Holdings	p. 51
Intergenerational Transfers Through Public Pensions	p. 99
Appendix 4A Estimating Lifetime Earnings Profile	p. 113
Appendix 4B An Incentive Compatibility Problem in the Public Pension System	p. 119
Appendix 4C Income Tax Provisions for Public Pension Benefits	p. 122
How Much Do Public Pensions Discourage Personal Saving and Induce Early Retirement?	p. 125
Estimating the Household Saving Rate under Alternative Definitions	p. 147
Appendix 6A Factors Governing the Household Behavior of Consumption and Saving	p. 181
References	p. 187
Index
Name Index	p. 201
Subject Index	p. 204
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