Article ID Journal Published Year Pages File Type
965009 Journal of the Japanese and International Economies 2011 26 Pages PDF
Abstract
► We consider the political feasibility of social security reforms. ► We construct a life cycle model with a two-tier structure in Japan. ► Calibrating the model to the Japanese economy, we compute the transition path. ► We find politically feasible social security reforms using the two-tier structure. ► The welfare of future generations improved by the reforms.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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