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Japan's Public Pension System in the Twenty-First Century

Author

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  • Horioka, C.Y.

Abstract

In this paper, the author first briefly discuss the structure of Japan's public pension system, the history of that system, the raison d'etre of a public pension sustem, some of the defects in the current system, the origins of those defects, possible ways of alleviating those defects, future prospects for Japan's public pension system in the face of rapid population aging, and proposals for reforming Japan's public pension system.

Suggested Citation

  • Horioka, C.Y., 1999. "Japan's Public Pension System in the Twenty-First Century," ISER Discussion Paper 0482, Institute of Social and Economic Research, Osaka University.
    • Handle: RePEc:dpr:wpaper:0482
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    File URL: https://www.iser.osaka-u.ac.jp/library/dp/1999/dp0482.pdf
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    References listed on IDEAS

    as
    1. Tachibanaki, Toshiaki & Shimono, Keiko, 1985. "Labor Supply of the Elderly--Their Desires and Realities about Full-time Jobs, Part-time Jobs, Self-employed Jobs or Retirement--," Economic Review, Hitotsubashi University, vol. 36(3), pages 239-250, July.
    2. Feldstein, Martin S, 1974. "Social Security, Induced Retirement, and Aggregate Capital Accumulation," Journal of Political Economy, University of Chicago Press, vol. 82(5), pages 905-926, Sept./Oct.
    3. Hurd, Michael D. & Yashiro, Naohiro (ed.), 1997. "The Economic Effects of Aging in the United States and Japan," National Bureau of Economic Research Books, University of Chicago Press, edition 1, number 9780226361000, December.
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    Cited by:

    1. Conny Olovsson, 2014. "How Does a Pay-as-you-go System Affect Asset Returns and the Equity Premium?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 17(1), pages 131-149, January.
    2. Charles Yuji Horioka, 2004. "The Stagnation of Household Consumption in Japan," CESifo Working Paper Series 1133, CESifo.
    3. Horioka, Charles Yuji, 2010. "The (dis)saving behavior of the aged in Japan," Japan and the World Economy, Elsevier, vol. 22(3), pages 151-158, August.
    4. Horioka, Charles Yuji, 2006. "The causes of Japan's `lost decade': The role of household consumption," Japan and the World Economy, Elsevier, vol. 18(4), pages 378-400, December.
    5. Charles Yuji Horioka & Shizuka Sekita, 2004. "An Assessment of Consumption and Income Taxes in Japan," ISER Discussion Paper 0624, Institute of Social and Economic Research, Osaka University.
    6. Niklas Potrafke, 2007. "Social Security in Germany: A Prey of Political Opportunism?," Discussion Papers of DIW Berlin 677, DIW Berlin, German Institute for Economic Research.

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    More about this item

    Keywords

    PUBLIC PENSION ; SOCIAL SECURITY ; JAPAN;
    All these keywords.

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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