Inter-generational Equity under the Increasing Longevity
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
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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
- 2019/04/25
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Toward Human Capital Investment to Support Domestic Demand
~The Key to Growth in a Shrinking Economy~
Medium-Term Economic Forecast 45th FY2018-FY2030
- 2018/11/29
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Investments Shift to Support Domestic Demand
- During an “Economic War of Attrition”-
Medium-Term Economic Forecast 45th FY2018-FY2030
- 2018/04/06
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Economic Growth through Drastic Changes in How People Work
-A Society That Capitalizes on Longevity-
Medium-Term Economic Forecast 44th FY2017-FY2030
- 2018/02/22
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Inter-generational Equity under the Increasing Longevity
Medium-Term Economic Forecast 44thSpecial Report