Aging Issues in the United States and JapanSeiritsu Ogura, Toshiaki Tachibanaki, David A. Wise The population base in both the United States and Japan is growing older and, as those populations age, they provoke heretofore unexamined economic consequences. This cutting-edge, comparative volume, the third in the joint series offered by the National Bureau of Economic Research and the Japan Center for Economic Research, explores those consequences, drawing specific attention to four key areas: incentives for early retirement; savings, wealth, and asset allocation over the life cycle; health care and health care reform; and population projections. Given the undeniable global importance of the Japanese and U.S. economies, these innovative essays shed welcome new light on the complex correlations between aging and economic behavior. This insightful work not only deepens our understanding of the Japanese and American economic landscapes but, through careful examination of the comparative social and economic data, clarifies the complex relation between aging societies, public policies, and economic outcomes. |
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Contents
| 25 | |
2 Household Portfolio Allocation over the Life Cycle | 65 |
An Analysis of Japanese Microdata 1990 and 1994 | 105 |
A Comparison among Japan the United States and the United Kingdom | 135 |
5 The Third Wave in Health Care Reform | 169 |
6 Concentration and Persistence of Health Care Costs for the Aged | 187 |
A Simulation Analysis | 223 |
8 Choice among EmployerProvided Insurance Plans | 249 |
9 Employees Pension Benefits and the Labor Supply of Older Japanese Workers 1980s1990s | 273 |
10 The Motivations for Business Retirement Policies | 307 |
11 Promotion Incentives and Wages | 335 |
12 What Went Wrong with the 199192 Official Population Projection of Japan? | 361 |
Contributors | 403 |
| 405 | |
| 407 | |
Other editions - View all
Aging Issues in the United States and Japan Seiritsu Ogura,Toshiaki Tachibanaki,David A. Wise No preview available - 2001 |
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accounts accumulation amount analysis annuity average benefits choice cohort concern consider consumption countries d d d decile decline demand dependent determined different dispersion distribution dummy early earnings economic effect elderly employees EP eligibles equation estimated expenditures figure financial assets firm first function given growth head health care health care costs higher hold hospitalization households important incentives income increase individuals inpatients investment Italy Japan Japanese labor less lifetime earnings limit long-term lower mean motivation older patients pattern pension percent plans policies population positive present probability projection promotion receive reduction reform relative respondents retirement sample saving sector share shows significant sixty Social Security Source spending standard suggest supply survey Table tion United University variables wages workers
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Page x - RELATION OF NATIONAL BUREAU DIRECTORS TO PUBLICATIONS REPORTING CONFERENCE PROCEEDINGS Since the present volume is a record of conference proceedings, it has been exempted from the rules governing submission of manuscripts to, and critical review by, the Board of Directors of the National Bureau.
Page 8 - Yet I think it goes far enough to demonstrate that one cannot rule out the possibility that a large part of the existing inequality of wealth can be regarded as produced by men to satisfy their tastes and preferences.
Page 409 - John F. Kennedy School of Government, Harvard University, 79 John F. Kennedy Street, Cambridge, MA 02138.
Page 8 - ... among the alternatives technically available. The personal distribution of income, on the other hand, when it has been analyzed at all, has been treated as largely independent of choices made by individuals through the market, except as these affect the price per unit of the factors of production. Differences among individuals or families in the amount of income received are generally regarded as reflecting either circumstances largely outside the control of the individuals concerned, such as...
Page 408 - Department of Economics, Massachusetts Institute of Technology, 50 Memorial Drive, Cambridge, MA 02142; Joskow and Schmalensee: National Bureau of Economic Research.
Bibliographic information
| Title | Aging Issues in the United States and Japan National Bureau of Economic Research Conference Report |
| Editors | Seiritsu Ogura, Toshiaki Tachibanaki, David A. Wise |
| Edition | illustrated |
| Publisher | University of Chicago Press, 2007 |
| ISBN | 0226620832, 9780226620831 |
| Length | 352 pages |
| Subjects | › › Business & Economics / Economics / Theory Social Science / General Social Science / Gerontology |
| Export Citation | BiBTeX EndNote RefMan |