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Retirement Transitions In Japan

Author

Listed:
  • Robert Clark

    (North Carolina State University)

  • Rikiya Matsukura

    (Nihon University)

  • Naohiro Ogawa

    (Nihon University)

Abstract

Populations throughout the developed world are aging in response to low fertility rates and increases in longevity. Delaying retirement becomes increasingly important to individuals as they must confront the need to finance more years in retirement while governments are concerned about the cost of public retirement programs and maintaining the rate of economic growth. Japan is at the leading edge of these issues as it has one of the world’s lowest fertility rates along with one of the highest life expectancies.

Suggested Citation

  • Robert Clark & Rikiya Matsukura & Naohiro Ogawa, 2014. "Retirement Transitions In Japan," Discussion Papers 14-013, Stanford Institute for Economic Policy Research.
    • Handle: RePEc:sip:dpaper:14-013
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    References listed on IDEAS

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    1. Shimizutani, Satoshi & 清水谷, 諭 & シミズタニ, サトシ & Oshio, Takashi & 小塩, 隆士 & オシオ, タカシ, 2009. "New Evidence on Initial Transition from Career Job to Retirement in Japan," PIE/CIS Discussion Paper 430, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    2. Atsuhiro Yamada & Masa Higo, 2011. "Institutional barriers to work beyond retirement in an aging Japan: Evidence from a recent employee survey," Contemporary Japan, Taylor & Francis Journals, vol. 23(2), pages 157-186, August.
    3. Robert L. Clark & Naohiro Ogawa, 1992. "The Effect of Mandatory Retirement on Earnings Profiles in Japan," ILR Review, Cornell University, ILR School, vol. 45(2), pages 258-266, January.
    4. Satoshi Shimizutani & Izumi Yokoyama, 2006. "Has Japan's Long-term employment Practice Survived? New Evidence Emerging Since the 1990s," Hi-Stat Discussion Paper Series d06-182, Institute of Economic Research, Hitotsubashi University.
    5. Sekita, Shizuka, 2011. "Financial literacy and retirement planning in Japan," Journal of Pension Economics and Finance, Cambridge University Press, vol. 10(4), pages 637-656, October.
    6. Satoshi Shimizutani & Izumi Yokoyama, 2009. "Has Japan's Long-Term Employment Practice Survived? Developments since the 1990S," ILR Review, Cornell University, ILR School, vol. 62(3), pages 313-326, April.
    7. Rob Clark & Rikiya Matsukura & Naohiro Ogawa, 2013. "Low fertility, human capital, and economic growth," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 29(32), pages 865-884.
    8. Shimizutani, Satoshi, 2011. "A new anatomy of the retirement process in Japan," Japan and the World Economy, Elsevier, vol. 23(3), pages 141-152.
    9. Hashimoto, Masanori & Raisian, John, 1992. "Employment Tenure and Earnings Profiles in Japan and the United States: Reply," American Economic Review, American Economic Association, vol. 82(1), pages 346-354, March.
    10. Rikiya Matsukura & Naohiro Ogawa & Robert Clark, 2007. "Analysis of Employment Patterns and the Changing Demographic Structure of Japan," Japanese Economy, Taylor & Francis Journals, vol. 34(1), pages 82-153.
    11. Ichimura, Hidehiko & 市村, 英彦 & イチムラ, ヒデヒコ & Hashimoto, Hideki & 橋本, 英樹 & ハシモト, ヒデキ & Shimizutani, Satoshi & 清水谷, 論, 2009. "Japanese Study of Aging and Retirement: JSTAR First Results 2009 Report: Contents / Chapter 1 Introduction," PIE/CIS Discussion Paper 443, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    12. Clark, Robert L & Ogawa, Naohiro, 1992. "Employment Tenure and Earnings Profiles in Japan and the United States: Comment," American Economic Review, American Economic Association, vol. 82(1), pages 336-345, March.
    13. Robert L. Clark & Naohiro Ogawa & Makoto Kondo & Rikiya Matsukura, 2010. "Population Decline, Labor Force Stability, and the Future of the Japanese Economy," European Journal of Population, Springer;European Association for Population Studies, vol. 26(2), pages 207-227, May.
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