Population Aging

Foreign Workers, Skill Premium and Fiscal Sustainability in Japan
Japan faces rapid and severe demographic aging and rising fiscal deficits due to increasing expenditures and shrinking tax revenues. …
Sagiri Kitao, Tomoaki Yamada
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Fiscal Sustainability in Japan: What to Tackle
Japan leads all advanced economies in terms of aging and has the highest debt to GDP ratio. The public pension, medical and long-term …
Selahattin Imrohoroglu, Sagiri Kitao, Tomoaki Yamada
PDF Cite DOI Science Direct VoxEU RIETI DP Non-technical Summary (in Japanese)
Population Aging, Health Care and Fiscal Policy Reform: The Challenges for Japan
We construct a transition analysis based on a general equilibrium life-cycle model to investigate the effects of aging, and we evaluate …
Minchung Hsu, Tomoaki Yamada
Cite DOI Wiley Online Library
Can Guest Workers Solve Japan's Fiscal Problems?
The labor force in Japan is projected to fall from 64 million in 2014 to 20 million in 2100, signaling unprecedented tax/transfer …
Selahattin Imrohoroglu, Sagiri Kitao, Tomoaki Yamada
Cite DOI Wiley Online Library RIETI DP
Achieving Fiscal Balance in Japan
Japan is aging and has the highest government debt-to-output ratio among advanced economies. In this article, we build a micro …
Selahattin Imrohoroglu, Sagiri Kitao, Tomoaki Yamada
Cite DOI Wiley Online Library
Income Risk, Macroeconomic and Demographic Change and Economic Inequality in Japan
Using an OLG model with heterogeneous households, we investigate the relationship among income risk, macroeconomic and demographic …
Tomoaki Yamada
Cite DOI Science Direct Fortran Code
A Politically Feasible Social Security Reform with a Two-Tier Structure
This paper investigates the welfare implications and political feasibility of social security reforms with a two-tier structure in …
Tomoaki Yamada
Cite DOI Science Direct