Does Social Security Induce Withdrawal of the Old from the Labor Force and Create Jobs for the Young?: The Case of Japan

Oshio Takashi, Satoshi Shimizutani () and Sato Oishi Akiko

No 408, PIE/CIS Discussion Paper from Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University

Abstract: This paper examines whether social security programs induce a withdrawal of the elderly from the labor force and create jobs for the young in Japan. The key messages are summarized as follows. First, our historical overview suggests that young unemployment issues have not motivated social security reforms and that changes in provisions are not endogenous. Second, employment of the young tends to be positively, not negatively, associated with the LFP of the old. Third, an increase in the inducement to retire significantly discourages the old from staying in the labor force, but does not create jobs for the young.

Date: 2008-10
Note: July 2008, The original version of this paper was presented at the conference on International Social Security Project (Phase V) organized by the National Bureau of Economic Research (NBER) in Lisbon, Portugal on May 23-24, 2008.

Downloads: (external link)
http://hermes-ir.lib.hit-u.ac.jp/rs/bitstream/10086/16305/1/pie_dp408.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:hit:piecis:408

Access Statistics for this paper

More papers in PIE/CIS Discussion Paper from Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University
Contact information at EDIRC.
Series data maintained by Koji OHTAGAKI ().