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Record Nr. |
UNINA9910809037103321 |
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Titolo |
The economic effects of aging in the United States and Japan [[electronic resource] /] / edited by Michael D. Hurd and Naohiro Yashiro |
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Pubbl/distr/stampa |
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Chicago, : University of Chicago Press, 1997 |
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ISBN |
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1-281-22361-1 |
9786611223618 |
0-226-36102-0 |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (376 p.) |
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Collana |
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A National Bureau of Economic Research conference report |
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Altri autori (Persone) |
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HurdMichael D |
YashiroNaohiro <1946-> |
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Disciplina |
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Soggetti |
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Age distribution (Demography) - Economic aspects - Japan |
Age distribution (Demography) - Economic aspects - United States |
Older people - Japan - Economic conditions |
Older people - United States - Economic conditions |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Papers presented at a joint Japan Center for Economic Research-National Bureau of Economic Research conference heod in Hakone, Japan, in September 1993. |
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Nota di bibliografia |
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Includes bibliographical references and indexes. |
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Nota di contenuto |
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Front matter -- Contents -- Preface -- Introduction -- 1. Projection of Japanese Public Pension Costs in the First Half of the Twenty-First Century and the Effects of Three Possible Reforms -- 2. The Effects of Demographic Trends on Consumption, Saving, and Government Expenditures in the United States -- 3. Population Aging and the Saving s-Investment Balance in Japan -- 4. The Economic Position of the Elderly in Japan -- 5. The Consequences of Population Aging for Private Pension Fund Saving and Asset Markets -- 6. The Effects of Aging on National Saving and Asset Accumulation in Japan -- 7. The Impact of Demographics on Housing and Nonhousing Wealth in the United States -- 8. Improvement of After- Retirement Income by Home Equity Conversion Mortgages: Possibility and Problems in Japan -- 9. The Effects of Special Saving Programs on Saving and Wealth -- 10. The Economic Status of the Elderly in Japan: Microdata Findings -- 11. |
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Retirement Incentives: The Interaction between Employer-Provided Pensions, Social Security, and Retiree Health Benefits -- 12. Labor Market Implications of Social Security: Company Pension Plans, Public Pensions, and Retirement Behavior of the Elderly in Japan -- 13. Changing Social Security Survivorship Benefits and the Poverty of Widows -- 14. The Net Pension Debt of the Japanese Government -- Contributors -- Author Index -- Subject Index |
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Sommario/riassunto |
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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. |
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