Japan's Public Pension System: What's Wrong with it and how to Fix it?

Charles Yuji Horioka ()

Working Papers from Osaka - Institute of Social and Economic Research

Abstract: In this paper, I breifly discuss the current structure of Japan's public pension system, the history of that system, and some of the problems with the current system and then make a number of recommendations for reforming the system. I argue that Japan's current public pension system hasan adverse impact on the inter- and intragenerational allocation of resources and that it discourages private saving as well as the labor supply of the aged and of women but that these distortions can be corrected by reforming the system in the appropriate ways.

Keywords: PENSION FUNDS; SOCIAL SECURITY (search for similar items in EconPapers)
JEL-codes: H55 (search for similar items in EconPapers)
Date: 1997

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Journal Article: Japan's public pension system: What's wrong with it and how to fix it (1999)
Journal Article: Japan's public pension system: what is wrong with it and how to fix it (1997)
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Persistent link: http://EconPapers.repec.org/RePEc:fth:osakae:447

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