Japan's public pension system: What's wrong with it and how to fix it
AbstractIn this paper, I breifly discuss the current structure of Japan's public pension system, the history of that system, and some of the problems with the current system and then make a number of recommendations for reforming the system. I argue that Japan's current public pension system hasan adverse impact on the inter- and intragenerational allocation of resources and that it discourages private saving as well as the labor supply of the aged and of women but that these distortions can be corrected by reforming the system in the appropriate ways.
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Bibliographic InfoArticle provided by Elsevier in its journal Japan and the World Economy.
Volume (Year): 11 (1999)
Issue (Month): 2 (April)
Contact details of provider:
Web page: http://www.elsevier.com/locate/inca/505557
Other versions of this item:
- Charles Yuji Horioka, 1997. "Japan's public pension system: what is wrong with it and how to fix it," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, issue Jun, pages 174-186.
- Horioka, C.Y., 1997. "Japan's Public Pension System: What's Wrong with it and how to Fix it?," ISER Discussion Paper 0447, Institute of Social and Economic Research, Osaka University.
- H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Martin Feldstein & Jeffrey B. Liebman, 2001.
NBER Working Papers
8451, National Bureau of Economic Research, Inc.
- Ono, Hiroshi & Rebick, Marcus, 2002. "Impediments to the Productive Employment of Labor in Japan," Working Paper Series in Economics and Finance 500, Stockholm School of Economics.
- Hiroshi Ono & Marcus Rebick, 2003. "Constraints on the Level and Efficient Use of Labor," NBER Chapters, in: Structural Impediments to Growth in Japan, pages 225-258 National Bureau of Economic Research, Inc.
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