The Japanese population is aging faster than any other in the world. The per centage of Japan's population aged 65 and above was only 7.1% in 1970,but just 30 years later, in 2000, it reached 17.2%. A declining birth rate and a rising average life expectancy will continue to push this trend further. This situation is causing serious problems for Japanese society.Structural reforms, especially tax and social security reforms, to accommodate this drastic demographic change have become an urgent policy issue. The purpose of this book is to establish guidelines for tax and social security reforms in Japan in terms that are both efficient and equitable. In this study, an extended life-cycle general equilibrium model is employed to rigorously take account of the rapidly aging Japanese population. The simulation approach adopted in our analysis permits us to calculate the effects of alternative policy packages on capital accumulation and economic welfare. This enables us to make proposals for concrete economic policies.

Zeldes, Columbia University.--Robert B. Hudson, Boston University "Journal of Health Politics, Policy and Law"

Current issues in tax policy.

This book documents challenging consequences aging societies face: fewer workers, stretched pensions, questionable economic sustainability.

As our aging population grows ever larger, it is increasingly important to understand how adults age and what we can do to provide up-to-date care to ensure their well-being as an integral part of society. Leslie Morgan and Suzanne Kunkel understand that this phenomenon is about much more than just the physical or biological aspects of growing older and have put together a comprehensive text on the impact of society and sociology on the aging process. Use this text to explore the diversity of the aging population and dispel the major stereotypes surrounding the elderly. Learn about aging through all the layers of social context from family life to politics and economics. And through this approach, come to see how aging is more than just an individual process, it is a process that effects the direction of our society as a whole. For the Student: .: Web sites of interest and key terms defined at the end of each chapter.; Real life stories and essays on love, sex, music, medicine, and crime. For the Professor: .: Assignment-ready reading in a One Chapter a Week format.; Questions for discussion and review at each chapter end.; Applying Theory sections place the lesson of each chapter in a clear, real-world setting. Instructor's Guide Now Available! An Instructor's Manual for this textbook is available for those professors who have adopted Aging, Society, and the Life Course, Third Edition and can verify a bookstore order of 7 or more copies. Please email our Marketing Department at marketing@springerpub.com if you have adopted this text as you will need a password to download the guide. Please provide the name and telephone number of the bookstore that ordered the textbooks. A print version of the Instructor's Manual is also availabl

Increasingly ageing populations and a slowing rate of growth in the macroeconomy are forcing advanced countries to reconsider their social security programmes. The need for detailed examination of the possible reforms and initiatives has never been greater.This book brings together internationally-renowned scholars to evaluate the effect of recent

A quantitative analysis of the political sustainability of social security reform in France, Germany, Italy, Spain, the UK, and the US, with the suggestion that population aging will lead to more pension spending and that raising the retirement age is the most politically viable reform measure.