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Title The economic effects of aging in the United States and Japan / edited by Michael D. Hurd and Naohiro Yashiro.

Publication Info. Chicago : University of Chicago Press, 1997.

Item Status

Description 1 online resource (viii, 362 pages) : illustrations.
Physical Medium polychrome
Description text file
Series A National Bureau of Economic Research conference report
Conference report (National Bureau of Economic Research)
Note Papers presented at a joint Japan Center for Economic Research-National Bureau of Economic Research conference heod in Hakone, Japan, in September 1993.
Bibliography Includes bibliographical references and indexes.
Contents I. Demography and macroeconmic impact of aging. Projection of Japanese public pension costs in the first half of the twenty-first century and the effects of three possible reforms / Seiritsu Ogura -- Effects of demographic trends on consumption, saving, and government expenditures in the United States / Michael D. Hurd -- Population aging and the savings-investment balance in Japan / Naohiro Yashiro and Akiko Sato Oishi -- Economic position of the elderly in Japan / Naohiro Yashiro.
II. Aging and asset markets. Consequences of population aging for private pension fund saving and asset markets / Sylvester J. Schieber and John B. Shoven -- Effects of aging on national saving and asset accumulation in Japan / Naoto Yamauchi -- Impact of demographics on housing and nonhousing wealth in the United States / Hilary W. Hoynes and Daniel L. McFadden -- Improvement of after-retirement income by home equity conversion mortgages: possibility and problems in Japan / Jukio Noguchi.
III. Aging, household saving, and retirement. Effects of special saving programs on saving and wealth / James M. Poterba, Steven F. Venti, and David A. Wise -- Economic status of the elderly in Japan: microdata finding / Noriyuki Takayama -- Retirement incentives: the interaction between employer-provided pensions, social security, and retiree health benefits / Robin L. Lumsdaine, James H. Stock, and David A. Wise -- Labor market implications of social security: company pension plans, public pensions, and retirement behavior of the elderly in Japan / Atsushi Seike.
IV. Public pension reform. Changing social security survivorship benefits and the poverty of widows / Michael D. Hurd and David A. Wise -- Net pension debt of the Japanese government / Tatsuo Hatta and Noriyoshi Oguchi.
Summary Due to falling fertility rates, the aging of the baby-boom cohort, and increases in life expectancy, the percentage of the population that is elderly is expected to increase rapidly in the United States and Japan over the next two decades. These fourteen essays show that, despite differences in culture and social and government structure, population aging will have many similar macro and micro effects on the economic status and behavior of the elderly in both countries. The most obvious effects will be on social programs such as public pension systems and the provision for medical needs of the.
Local Note eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America
Subject Age distribution (Demography) -- Economic aspects -- Japan -- Congresses.
Age distribution (Demography) -- Economic aspects.
Japan.
Age distribution (Demography)
Age distribution (Demography) -- Economic aspects -- United States -- Congresses.
United States.
Older people -- Japan -- Economic conditions -- Congresses.
Older people.
Economic conditions.
Older people -- United States -- Economic conditions -- Congresses.
Genre/Form Electronic books.
Conference papers and proceedings.
Conference papers and proceedings.
Added Author Hurd, Michael D.
Yashiro, Naohiro, 1946-
Other Form: Print version: Economic effects of aging in the United States and Japan. Chicago : University of Chicago Press, 1997 (DLC) 96023921
ISBN 9780226361024 (electronic book)
0226361020 (electronic book)
9780226361000 (cloth ; alkaline paper)
0226361004 (cloth ; alkaline paper)
0226361004 (cloth ; alkaline paper)