The Economic Effects of Aging in the United States and Japan

Naohiro Yashiro is professor of economics at the International Christian University and former president of the Japan Center for Economic Research.

Preface Introduction Michael D. Hurd, Naohiro Yashiro. 1: Projection of Japanese Public Pension Costs in the First Half of the Twenty-First Century and the Effects of Three Possible Reforms Seiritsu Ogura 2: The Effects of Demographic Trends on Consumption, Saving, and Government Expenditures in the United States Michael D. Hurd 3: Population Aging and the Savings-Investment Balance in Japan Naohiro Yashiro, Akiko Sato Oishi. 4: The Economic Position of the Elderly in Japan Naohiro Yashiro 5: The Consequences of Population Aging for Private Pension Fund Saving and Asset Markets Sylvester J. Schieber, John B. Shoven. 6: The Effects of Aging on National Saving and Asset Accumulation in Japan Naoto Yamauchi 7: The Impact of Demographics on Housing and Nonhousing Wealth in the United States Hilary W. Hoynes, Daniel L. McFadden. 8: Improvement of After-Retirement Income by Home Equity Conversion Mortgages: Possibility and Problems in Japan Yukio Noguchi 9: The Effects of Special Saving Programs on Saving and Wealth James M. Poterba, Steven F. Venti, David A. Wise. 10: The Economic Status of the Elderly in Japan: Microdata Findings Noriyuki Takayama 11: Retirement Incentives: The Interaction between Employer-Provided Pensions, Social Security, and Retiree Health Benefits Robin L. Lumsdaine, James H. Stock, David A. Wise. 12: Labor Market Implications of Social Security: Company Pension Plans, Public Pensions, and Retirement Behavior of the Elderly in Japan Atsushi Seike 13: Changing Social Security Survivorship Benefits and the Poverty of Widows Michael D. Hurd, David A. Wise. 14: The Net Pension Debt of the Japanese Government Tatsuo Hatta, Noriyoshi Oguchi. Contributors Author Index Subject Index