Past government spending in Japan is imposing a significant fiscal burden that is reflected in a net debt to output ratio near 150%. In addition, an aging Japanese society implies that …
RA Braun, DH Joines - Journal of Economic Dynamics and Control, 2015 - Elsevier
Japan is in the midst of a demographic transition that is both rapid and large by international standards. As recently as 1990 Japan had the youngest population among the Group of 6 …
Japan is aging and has the highest government debt‐to‐output ratio among advanced economies. In this article, we build a micro data‐based, large‐scale overlapping …
S Kitao - Review of Economic Dynamics, 2018 - Elsevier
Reform is inevitable in an aging economy with a generous pay-as-you-go social security system. Often, however, the timing and structure of reform are unknown. We explicitly model …
S Kitao, M Mikoshiba - Available at SSRN 4054049, 2022 - papers.ssrn.com
Women work less often and earn significantly less than men in Japan. We use panel data to investigate employment and earnings dynamics of single and married women over the life …
S Kitao, M Mikoshiba - Journal of the Japanese and International …, 2020 - Elsevier
The speed and magnitude of ongoing demographic aging in Japan are unprecedented. A rapid decline in the labor force and a rising fiscal burden to finance social security …
Inequality has become a central policy issue across the world. We study trends of inequality in earnings, income and wealth across households in Japan, using the National Survey of …
M Hsu, T Yamada - The Scandinavian Journal of Economics, 2019 - Wiley Online Library
We construct a transition analysis based on a general equilibrium life‐cycle model to investigate the effects of aging, and we evaluate various policy alternatives designed to …
A means-tested pension system has a distinct feature that tailors the level of pension benefits according to individual economic status. In the context of population aging with …