MARC Record from Library of Congress

LEADER: 02153cam a22003017a 4500
001 2007616413
003 DLC
005 20100304084729.0
007 cr |||||||||||
008 070816s2007 mau sb 000 0 eng
010 $a 2007616413
040 $aDLC$cDLC$dDLC
050 00 $aHB1
100 1 $aHorioka, Charles.
245 10 $aAging, saving, and public pensions in japan$h[electronic resource] /$cCharles Yuji Horioka, Wataru Suzuki, Tatsuo Hatta.
260 $aCambridge, MA :$bNational Bureau of Economic Research,$cc2007.
490 1 $aNBER working paper series ;$vworking paper 13273
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 8/16/2007.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"We analyze the impact of population aging on Japan's household saving rate and on its public pension system and the impact of that system on Japan's household saving rate and obtain the following results: first, the age structure of Japan's population can explain the level of, and past and future trends in, its household saving rate; second, the rapid aging of Japan's population is causing Japan's household saving rate to decline and this decline can be expected to continue; third, the pay-as-you-go nature of the public pension system, combined with rapid population aging, created considerable intergenerational inequities and increased the saving rates of cohorts born after 1965, which in turn slowed the decline in Japan's household saving rate; and fourth, the 2004 public pension reform alleviated the intergenerational inequities of Japan's public pension system somewhat but will in the long run exacerbate the downward trend in Japan's household saving rate"--National Bureau of Economic Research web site.
700 1 $aSuzuki, Wataru.
700 1 $aHatta, Tatsuo.
710 2 $aNational Bureau of Economic Research.
830 0 $aWorking paper series (National Bureau of Economic Research : Online) ;$vworking paper no. 13273.
856 40 $uhttp://papers.nber.org/papers/w13273