Aging in the United States and Japan
Subtitle: Economic Trends (National Bureau of Economic Research Conference Report)
Contributors: Yukio Noguchi (Editor); David A. Wise (Editor)
Publisher: University Of Chicago Press
Published: September 15, 1994
Language: eng
Format: Hardcover
Number of pages: 214
ISBN-13: 9780226590189
Subjects: Elderly; Political economy; Public finance; Social issues; Social welfare & social services; Economics Of Population; Social Science; Sociology; Business/Economics; USA; Development - Business Development; Gerontology; Social Science / Gerontology; Congresses; Economic conditions; Japan; Older people; Social conditions; United States
First sentence: The papers in this volume were presented at the first of a series of conferences sponsored jointly by the National Bureau of Economic Research and the Japan Center for Economic Research.
Description: Japanese and American economists assess the present economic status of the elderly in the United States and Japan, and consider the impact of an aging population on the economies of the two countries.

With essays on labor force participation and retirement, housing equity and the economic status of the elderly, budget implications of an aging population, and financing social security and health care in the 1990s, this volume covers a broad spectrum of issues related to the economics of aging. Among the book's findings are that workers are retiring at an increasingly earlier age in both countries.

In addition, as the populations age, baby boomers in the United States will face diminishing financial resources as the ratio of retirees to workers sharply increases. The result of a joint venture between the National Bureau of Economic Research and the Japan Center for Economic Research, this book complements Housing Markets in the United States and Japan (1994) by integrating research on housing markets with economic issues of the aged in the United States and Japan.