Chapter 1. Income Risks Faced by Contemporary Japanese Households

Naohito Abe

Japanese Economy, 2010, vol. 37, issue 3, 37-52

Abstract: Empirical analysis of the income risks faced by Japanese households has found that the income risks faced by households in their thirties tend to be greater than those for households in their forties. The analysis indicates that income shocks tend to continue for a longer period for households in their thirties and that households facing a persistent income shock tend to mitigate risk by means of the dependent spouse seeking work. At a time when intergenerational disparities between working generations and retired generations in terms of the pension system, and so forth, are coming to be viewed as problematic, this analysis suggests that income risks are not shared equitably even among working generations.

Date: 2010
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DOI: 10.2753/JES1097-203X370301

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