Download or read book The Effects of Japanese Social Security Retirement Benefits on Personal Savings and Elderly Labor Force Behavior written by and published by . This book was released on 1988 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Effects of Japanese Social Security Retirement Benefits on Personal Savings and Elderly Labor Force Behavior written by Tetsuji Yamada and published by . This book was released on 1988 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using Japanese annual time series data covering the period from 1946to 1982, this paper shows that social security wealth depresses personal savings. The effect was a reduction of approximately 143 thousand yen per capita wealth in real terms from 1970 to 1980. However, declining labor force participation of the elderly (i.e., earlier retirement), stimulates personal saving by an estimated 12 thousand yen over the same period. The study found that the benefit effect dominates the retirement effect. In addition, this study has identified a negative interdependency between the personal savings and labor retirement behaviors of the elderly; that is, an individual saves more before retirement if he expects to stay a shorter time in the labor market, and vice versa
Download or read book THE EFFECTS OF JAPANESE SOCIAL SECURITY RETIREMENT BENEFITS ON PERSONAL SAVING AND ELDERLY LABOR FORCE BEHAVIOR written by Tetsuji YAMADA and published by . This book was released on 1988 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Determinants of Saving and Labor Force Participation of the Elderly in Japan written by Tetsuji Yamada and published by . This book was released on 1990 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: impact on personal saving. The parameter estimates indicate that the.
Download or read book The Economic Effects of Aging in the United States and Japan written by Michael D. Hurd and published by University of Chicago Press. This book was released on 2007-12-01 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Due to falling fertility rates, the aging of the baby-boom cohort, and increases in life expectancy, the percentage of the population that is elderly is expected to increase rapidly in the United States and Japan over the next two decades. These fourteen essays show that, despite differences in culture and social and government structure, population aging will have many similar macro and micro effects on the economic status and behavior of the elderly in both countries. The most obvious effects will be on social programs such as public pension systems and the provision for medical needs of the elderly. But, the contributors demonstrate, aging will also affect markets for labor, capital, housing, and health care services. It will affect firms through their participation in the demand side of the labor market and through their provisions for pensions. And aging will influence saving rates, the rate of return on assets, the balance of payments, and, most likely, economic growth. This volume will interest scholars and policy makers concerned with the economics of aging.
Download or read book The Effect of the Employee Pension on the Labor Supply of the Japanese Elderly written by Atsushi Seike and published by . This book was released on 1989 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Japan today, the ratio of elderly to nonelderly in the general population is increasing at a rate nearly twice that of other developed nations. This rapidly aging population has given rise to two important policy issues in Japan: (1) the need to maintain the fiscal health of the pension system as the demand for retirement benefits increases, and (2) the need to create employment opportunities for older people who are able and willing to continue working. Both issues are related to, and affected by, the effects of public pensions on the labor supply, but little is known about the way these factors interrelate in Japan. To begin to fill this information gap, this Note formulates labor supply models, with corrections for selectivity bias, based on an estimate of the effects of the employee pension on both the decision to remain in the labor force and the number of hours worked per week. The study's findings indicate that the employee pension has a significant negative effect on the decision of older Japanese workers to remain in the labor force and on the average number of hours worked by older workers.
Download or read book La vida de Nuestro Se or Jesucristo secada de los cuatro evangelistas written by and published by . This book was released on 1800 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Social Security Programs and Retirement around the World written by Jonathan Gruber and published by University of Chicago Press. This book was released on 2009-02-15 with total page 752 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social Security Programs and Retirement around the World represents the second stage of an ongoing research project studying the relationship between social security and labor. In the first volume, Jonathan Gruber and David A. Wise revealed enormous disincentives to continued work at older ages in developed countries. Provisions of many social security programs typically encourage retirement by reducing pay for work, inducing older employees to leave the labor force early and magnifying the financial burden caused by an aging population. At a certain age there is simply no financial benefit to continuing to work. In this volume, the authors turn to a country-by-country analysis of retirement behavior based on micro-data. The result of research compiled by teams in twelve countries, the volume shows an almost uniform correlation between levels of social security incentives and retirement behavior in each country. The estimates also show that the effect is strikingly uniform in countries with very different cultural histories, labor market institutions, and other social characteristics.
Download or read book Aging in Asia written by National Research Council and published by National Academies Press. This book was released on 2012-07-31 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: The population of Asia is growing both larger and older. Demographically the most important continent on the world, Asia's population, currently estimated to be 4.2 billion, is expected to increase to about 5.9 billion by 2050. Rapid declines in fertility, together with rising life expectancy, are altering the age structure of the population so that in 2050, for the first time in history, there will be roughly as many people in Asia over the age of 65 as under the age of 15. It is against this backdrop that the Division of Behavioral and Social Research at the U.S. National Institute on Aging (NIA) asked the National Research Council (NRC), through the Committee on Population, to undertake a project on advancing behavioral and social research on aging in Asia. Aging in Asia: Findings from New and Emerging Data Initiatives is a peer-reviewed collection of papers from China, India, Indonesia, Japan, and Thailand that were presented at two conferences organized in conjunction with the Chinese Academy of Sciences, Indian National Science Academy, Indonesian Academy of Sciences, and Science Council of Japan; the first conference was hosted by the Chinese Academy of Social Sciences in Beijing, and the second conference was hosted by the Indian National Science Academy in New Delhi. The papers in the volume highlight the contributions from new and emerging data initiatives in the region and cover subject areas such as economic growth, labor markets, and consumption; family roles and responsibilities; and labor markets and consumption.
Download or read book Social Security and Retirement in Japan written by Takashi Oshio and published by . This book was released on 1997 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: We provide the incentive mechanism of the public pension on the retirement decisions made in the Japanese labor market. Though the labor market participation of Japanese older persons is quite high by international standards, a principle incentive mechanism of the public pension system in Japan affecting the retirement behavior has many things in common with those in other OECD countries. The pension benefits are designed actuarially unfair,' and the decision to work beyond age 60 is penalized. As the population ages quite rapidly, it is wasteful to maintain the disincentive mechanism arising from the actuarially unfair pension scheme for older persons.
Download or read book Exploring the Effect of Retirement on Health in Japan written by Masaaki Mizuochi and published by Springer Nature. This book was released on 2021-07-12 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the relationship between retirement and health of older people in Japan’s super-aging society and provides a key to understanding the remarkable longevity of the population. It also furnishes new evidence in this research field where the findings have been conflicting and the detailed causal mechanism has not been clarified for many years. For that purpose, a large-scale survey was used, “The Longitudinal Survey of Middle-Aged and Elderly Persons,” which was conducted in Japan from 2005 to 2015 with 34,240 respondents aged 50–59 years in the first sample. Using this longitudinal survey, which focused on people just before retirement, and rigorous causal inference including instrumental variable and panel estimation, several research questions were tested. Specifically, existing literature does not provide sufficient findings about the heterogeneity in the effect of retirement on health. Thus, we have questions which should be addressed: does retirement affect health immediately or with delay; does the lifestyle before retirement matter for post-retirement health; and which is better for health retiring early or late? The lack of this viewpoint is believed to have led to the conflicting previous findings. If we know the answers to the questions, we would be able to understand the mechanisms between retirement and health, and prepare more properly for better retirement life. Showing the results of the testing of these questions, this book provides readers, researchers, and policymakers a comprehensive understanding of the retirement–health relationship and a suggestion for an effective labor and health policy in an aging society.
Download or read book The Morning After in Japan written by Noriyuki Takayama and published by . This book was released on 1998 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses the impact of an ageing and declining population, coupled with generous pensions, on the economy in general and the economic status of the elderly in particular. Also looks at the labour force participation of the elderly and of women workers. Reviews household saving, bequests and inheritance.
Download or read book Understanding Japanese Savings written by Robert Dekle and published by Routledge. This book was released on 2004-11-30 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japan's savings are among the highest in the world, and these high rates have played a valuable role throughout the post-war period. However, over the next several decades, Japan's population will be ageing rapidly. Will this lower Japanese savings rates? Using up-to-date financial and demographical data, author Robert Dekle finds that the answer to this question is an emphatic 'yes'. Understanding Japanese Saving holds key lessons for Western nations undergoing similar demographic transformations as well as developing countries looking to establish public savings institutions.
Download or read book The Economics of Social Security in Japan written by Toshiaki Tachibanaki and published by Edward Elgar Publishing. This book was released on 2004 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive appraisal of social security in Japan, where traditionally the burden of welfare provision has been the main responsibility of the family and employers, rather than the state. However, an ageing population, changes in family structure and continued recession has led to an urgent reappraisal of this situation. The book begins by examining the social security system in Japan as a whole, before focusing on specific issues. These include public and occupational pensions, medical care and childcare, and the availability and accessibility of social infrastructure for the old and handicapped. In each case, the distinguished authors address the unique problems associated with Japan and propose practical policy recommendations for social security reform. The book also discusses the future path of Japanese welfare transition and explores the advantages and disadvantages of the private sector model for welfare provision compared to the public sector model. The expert contributors, including both Japanese and international specialists, provide a critical evaluation of social security reform in Japan, set against the background of future demographic and economic trends. This book will appeal to all scholars of public policy, welfare policy and public finance. It will also be of interest to anyone working on the merits and demerits of different social security systems.
Download or read book Aging and the Macroeconomy written by National Research Council and published by National Academies Press. This book was released on 2013-01-10 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States is in the midst of a major demographic shift. In the coming decades, people aged 65 and over will make up an increasingly large percentage of the population: The ratio of people aged 65+ to people aged 20-64 will rise by 80%. This shift is happening for two reasons: people are living longer, and many couples are choosing to have fewer children and to have those children somewhat later in life. The resulting demographic shift will present the nation with economic challenges, both to absorb the costs and to leverage the benefits of an aging population. Aging and the Macroeconomy: Long-Term Implications of an Older Population presents the fundamental factors driving the aging of the U.S. population, as well as its societal implications and likely long-term macroeconomic effects in a global context. The report finds that, while population aging does not pose an insurmountable challenge to the nation, it is imperative that sensible policies are implemented soon to allow companies and households to respond. It offers four practical approaches for preparing resources to support the future consumption of households and for adapting to the new economic landscape.
Download or read book Retirement Systems in Japan written by Robert Louis Clark and published by University of Pennsylvania Press. This book was released on 1991 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the Pension Research Council of the Wharton School
Download or read book Aging in Sub Saharan Africa written by National Research Council and published by National Academies Press. This book was released on 2006-11-10 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: In sub-Saharan Africa, older people make up a relatively small fraction of the total population and are supported primarily by family and other kinship networks. They have traditionally been viewed as repositories of information and wisdom, and are critical pillars of the community but as the HIV/AIDS pandemic destroys family systems, the elderly increasingly have to deal with the loss of their own support while absorbing the additional responsibilities of caring for their orphaned grandchildren. Aging in Sub-Saharan Africa explores ways to promote U.S. research interests and to augment the sub-Saharan governments' capacity to address the many challenges posed by population aging. Five major themes are explored in the book such as the need for a basic definition of "older person," the need for national governments to invest more in basic research and the coordination of data collection across countries, and the need for improved dialogue between local researchers and policy makers. This book makes three major recommendations: 1) the development of a research agenda 2) enhancing research opportunity and implementation and 3) the translation of research findings.
