Designs of pension management with the rapid ageing

Tatsuyoshi Miyakoshi and Osamu Kamoike

Applied Economics Letters, 2003, vol. 10, issue 3, 191-195

Abstract: The rapid ageing of the population and the strong desires for working by the retired old has become a serious issue on the Japanese pension management. This paper suggests a partial solution for the issue in an overlapping generation framework. It is shown that providing the old with jobs rather than pensions can result in a Pareto improvement at a steady state.

Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:10:y:2003:i:3:p:191-195

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DOI: 10.1080/1350485022000044138

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