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On financing retirement, health, and long-term care in Japan

McGrattan, Ellen R.; Miyachi, Kazuaki; Peralta-Alva, Adrian - 2018

Japan faces the problem of how to finance retirement, health, and long-term care expenditures as the population ages … of Japan. We find that financing the costs of aging through gradual increases in the consumption tax rate delivers a …

Persistent link: https://www.econbiz.de/10011978385

Generational aspects of inclusive growth

Baduel, Bénédicte; Isakova, Asel; Ter-Martirosyan, Anna - 2021

Sharing economic benefits equitably across all segments of society includes addressing the specific challenges of different generations. At present, youth and elderly are particularly vulnerable to poverty relative to adults in their middle years. Broad-based policies should aim to foster youth...

Persistent link: https://www.econbiz.de/10012518902

Age and Health Related Inheritance Taxation

Leroux, M.‐L; Pestieau, Pierre - 2021

This paper studies the design of an optimal non linear inheritance taxation when individuals differ in wage as well as in their risks of both mortality and old-age dependance. We assume that the government cannot distinguish between bequests motives, that is whether bequests result from...

Persistent link: https://www.econbiz.de/10013233139

Are the Elderly a Threat to Educational Expenditures?

Cattaneo, Alejandra; Wolter, Stefan C. - 2021

Empirical research has given cause to fear that the demographic ageing in industrialized countries is likely to exert a negative impact on educational spending. These papers have linked the share of the elderly with the per capita or per pupil spending on education at the local, state-wide or...

Persistent link: https://www.econbiz.de/10013316836

Health and Aging Before and after Retirement

Abeliansky, Ana; Strulik, Holger - 2021

We investigate health and aging before and after retirement for specific occupational groups. We use five waves of the Survey of Health, Aging, and Retirement in Europe (SHARE) and construct a frailty index for elderly men and women from 10 European countries. Occupational groups are classified...

Persistent link: https://www.econbiz.de/10013323092

How inclusive is abenomics?

Aoyagi, Chie; Ganelli, Giovanni; Murayama, Kentaro - 2015

We assess the ongoing reform efforts in Japan in terms of inclusive growth. We use prefectural level panel data to … and policy variables. Our analysis suggests that achieving the Bank of Japan's 2 percent inflation target has a positive …

Persistent link: https://www.econbiz.de/10011281935

What can boost female labor force participation in Asia?

Kinoshita, Yuko; Guo, Fang - 2015

Both Japan and Korea are trying to boost female labor force participation (FLFP) as they face the challenges of a … towards non-regular employment despite women's high education levels. This paper empirically examines what helps Japan and … tend to reduce the proportion of regular female employment in Japan and Korea, (ii) the persistent gender wage gap …