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Medium Term Medium-Term Economic Forecast (44th/Special Report)

Inter-generational Equity under the Increasing Longevity

Sumio SARUYAMA
  Lead Economist
Saeko MAEDA
  Principal Economist
Ryo HASUMI
  Specially Appointed Fellow
Kazuki KUROIWA Trainee Economist(Aflac)
   

2018/02/22

JCER Medium-Term Economic Forecast Team

 We examine how the extension of life span will affect the relative advantage of each generation, as Japan enters the age of the centenarian. In addition to evaluating the benefits (consumption) that can be additionally enjoyed with a longer life span, we will also focus on the economic contribution by the elderly working longer. If seniors extend their working and earning lives, rolling back the age at which they begin receiving pension benefits, the government's fiscal balance of tax and social security will improve, which can reduce the burden on young and future generations. We consider how far it may be possible to avoid outcomes which place the greatest burden on the youngest generations.

2020/08/11

Economy before and after the Coronavirus Crisis

- Real GDP level will fall by 2% due to rapid expansion of debt
- Prolonged virus outbreak and intensified international friction will result in “nightmare scenario”

Economic Forecast 47th FY2020-FY2035

Tatsuo KOBAYASHISumio SARUYAMAKatsuaki OCHIAI

2019/04/25

Toward Human Capital Investment to Support Domestic Demand

~The Key to Growth in a Shrinking Economy~

Medium-Term Economic Forecast 45th FY2018-FY2030

Saeko MAEDAKatsuaki OCHIAIAkira TANAKARyo HASUMI/ Chihiro SATO Trainee Economist(Secretariat of the House of Councillors)/ Takahisa HONDA Trainee Economist(Nikkei Inc.)/ Shogo YAMASHITA Trainee Economist(Aflac)

2018/11/29

Investments Shift to Support Domestic Demand

- During an “Economic War of Attrition”-

Medium-Term Economic Forecast 45th FY2018-FY2030

Saeko MAEDAKatsuaki OCHIAIAkira TANAKARyo HASUMI/ Chihiro SATO Trainee Economist(Secretariat of the House of Councillors)/ Takahisa HONDA Trainee Economist(Nikkei Inc.)/ Shogo YAMASHITA Trainee Economist(Aflac)

2018/04/06

Economic Growth through Drastic Changes in How People Work

-A Society That Capitalizes on Longevity-

Medium-Term Economic Forecast 44th FY2017-FY2030

Sumio SARUYAMASaeko MAEDAKatsuaki OCHIAIRyo HASUMI/ Kazuki KUROIWA Trainee Economis(Aflac)/ Azusa SUZUKI Trainee Economist(Secretariat of the House of Representatives)

2018/02/22

Inter-generational Equity under the Increasing Longevity

Medium-Term Economic Forecast 44thSpecial Report

Sumio SARUYAMASaeko MAEDARyo HASUMI/ Kazuki KUROIWA Trainee Economist(Aflac)