In 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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Paper provided by Osaka - Institute of Social and Economic Research in its series Papers with number
447.
Length: 13 pages Date of creation: 1997 Date of revision: Handle: RePEc:fth:osakae:447
Contact details of provider: Postal: OSAKA UNIVERSITY, THE INSTITUTE OF SOCIAL AND ECONOMIC RESEARCH(I.S .E.R.), 6-1 MIHOGAOKA IBARAKI OSAKA 567 JAPAN Fax: 81-6-6878-2766 Email: Web page: http://www.iser.osaka-u.ac.jp/ More information through EDIRC
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Find related papers by JEL classification: H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
References listed on IDEAS 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.
"Social Security,"
NBER Working Papers
8451, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions:
Feldstein, Martin & Liebman, Jeffrey B., 2002.
"Social security,"
Handbook of Public Economics,
in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 4, chapter 32, pages 2245-2324
Elsevier.
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Cited by: (explanations, 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.)