Demographic change and social security

1990 ◽  
Vol 3 (3) ◽  
pp. 159-177 ◽  
Author(s):  
Winfried Schm�hl
Keyword(s):  
Social Security ◽  
Demographic Change

scholarly journals ENDOGENOUS DEMOGRAPHIC CHANGE, RETIREMENT, AND SOCIAL SECURITY

2019 ◽  
pp. 1-23
Author(s):  
Giam Pietro Cipriani ◽  
Tamara Fioroni
Keyword(s):  
Social Security ◽  
Demographic Change ◽  
Pension System ◽  
Negative Impact ◽  
Positive Impact ◽  
Physical Capital ◽  
Mandatory Retirement ◽  
Defined Contribution ◽  
Tax Rate ◽  
Pension Benefits

In this paper, we analyze the effects of demographic change on a pay-as-you-go (PAYG) pension system, financed with a defined contribution scheme. In particular, we examine the relationship between retirement, fertility, and pensions in a three-period overlapping generations model. We focus on both the case of mandatory retirement and the case where the retirement age is freely chosen. In the case of mandatory retirement, increasing longevity has an unambiguously negative impact on fertility and pension payouts and a positive effect on the level of physical capital in the steady state. On the other hand, when agents choose the time of retirement, an increase in life expectancy positively affects physical capital only when the tax rate is sufficiently low and can have a positive impact on pension benefits, because agents may find it optimal to retire later and to decrease fertility less. Finally, the effects of the social security tax on capital per worker are negative with mandatory retirement; however, they could be positive in the optimal retirement case.

scholarly journals Demographic change, social security systems, and savings

2007 ◽  
Vol 54 (1) ◽  
pp. 92-114 ◽  
Author(s):  
David E. Bloom ◽  
David Canning ◽  
Richard K. Mansfield ◽  
Michael Moore
Keyword(s):  
Social Security ◽  
Demographic Change ◽  
Social Security Systems ◽  
Security Systems

The Impact of Demographic Change on Social Security Financing

1987 ◽  
Vol 34 (3) ◽  
pp. 471 ◽  
Author(s):  
William A. Halter ◽  
Richard Hemming
Keyword(s):  
Social Security ◽  
Demographic Change ◽  
The Impact

scholarly journals Social security and the challenge of demographic change

2010 ◽  
Vol 63 (3-4) ◽  
pp. 3-21 ◽  
Author(s):  
David E. Bloom ◽  
Roddy McKinnon
Keyword(s):  
Social Security ◽  
Demographic Change

scholarly journals Three Trends Shaping the Politics of Aging in America

2020 ◽  
Vol 4 (Supplement_1) ◽  
pp. 680-680
Author(s):  
Nora Super
Keyword(s):  
United States ◽  
Older Adults ◽  
Social Security ◽  
Demographic Change ◽  
American Politics ◽  
Baby Boom ◽  
Baby Boom Generation ◽  
The 1960S

Abstract The demographic bulge created by the baby boom generation has shaped American politics since they came of age in the 1960s. Over the next decade, aging issues will become more relevant as the oldest boomers reach 84 and the youngest boomers will be eligible for Medicare. This paper highlights three converging trends that will shape United States politics; including increased spending on “entitlement” programs like Social Security and Medicare, growing mismatch in caregiving need and supply, and the heightened concentration of older adults in certain geographic areas. The next decade will see not only extraordinary demographic change but also unprecedented advances in technology and medicine, and cultural and societal shifts that were once unimaginable.

scholarly journals CHANGING LIFE VALUE AND DEMOGRAPHIC CHANGE IN CONTEMPORARY JAPANESE SOCIETY

2019 ◽  
Vol 9 (2) ◽  
pp. 178
Author(s):  
Mikihiro Moriyama
Keyword(s):  
Social Security ◽  
Demographic Change ◽  
Japanese Society ◽  
Social Issues ◽  
Rapid Decrease ◽  
Social Conditions ◽  
Japanese People ◽  
Number Of Children ◽  
Human Lifespan ◽  
The Social

<span>Japan has experienced a rapid decrease in population. The main reason for this distorted demography (called <em>Shoushi Koureika</em> in Japanese) has been caused by a reduction in the number of children. Another reason is the extension of human lifespan. This rapid demographic change has caused social issues such as lack of workforce, an increase in the social security revenue and a reduction in the number of schools. The Japanese government has tackled these social problems and its effort has had an effect to some extent, but the hard work needs to continue. In this article, I try to explore reasons for the social issues and problems by focusing not only on changes in the social conditions but also on changes in the life value of Japanese people. Some possible solutions for the social issues and problems can be suggested for the coming decades in Japan. In particular, I try to explore solutions that are compatible with Japanese society to alleviate the problems.</span>

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