TY  - BOOK
AU  - Oshio,Takashi
AU  - Shimizutani,Satoshi
AU  - Oishi,Akiko S.
ED  - National Bureau of Economic Research.
TI  - Relationship between Social Security Programs and Elderly Employment in Japan
T2  - NBER working paper series
PY  - 2023///
CY  - Cambridge, Mass.
PB  - National Bureau of Economic Research
KW  - Social Security and Public Pensions
KW  - jelc
KW  - Economics of the Elderly • Economics of Disability • Non-Labor Market Discrimination
KW  - Retirement • Retirement Policies
N1  - July 2023; Hardcopy version available to institutional subscribers
N2  - This study examines how elderly employment is associated with social security programs and how it responds to recent reforms in Japan. To this end, we employed a rich and longitudinal dataset of middle-aged and older individuals collected between 2005 and 2018. By incorporating various factors related to social security incentives into a single index of implicit tax (ITAX), we confirmed that the index successfully captured the incentives and their changes incorporated in recent social security reforms. We further estimated the association of ITAX with an individual's decisions concerning retirement and pension benefit claims. Lastly, we conducted counterfactual simulations to assess the effect of recent social security forms on retirement based on the estimated regression parameters. The results showed that a higher ITAX drove individuals, especially men, to retire and claim benefits earlier
UR  - https://www.nber.org/papers/w31470
UR  - http://dx.doi.org/10.3386/w31470
ER  -