Retirement Transitions In Japan
Type:
SIEPR Discussion Paper 14-013
Author(s):
Published:
11/13/14
Abstract:
Populations
throughout the developed world
are aging in response to low fertility rates
and increases in longevity. Delaying retirement becomes increasingly
important to individuals
as they must confront the need to finance more years in retirement while governments are
concerned about the cost of public retirement programs and maintaining the rate of economic
growth. Japan is at the leading edge of these issues as it has one of the world’s lowest fertility
rates along with one of the highest life expectancies.
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