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The population base in both the United States and Japan is growing older and, as those populations age, they provoke heretofore unexamined economic consequences. This cutting-edge, comparative volume, the third in the joint series offered by the National Bureau of Economic Research and the Japan Center for Economic Research, explores those consequences, drawing specific attention to four key areas: incentives for early retirement; savings, wealth, and asset allocation over the life cycle; health care and health care reform; and population projections.
Given the undeniable global...

This volume presents a selection of thirteen high-caliber papers addressing issues in employment practices, labor markets, and health, benefit and pension policies of the United States and Japan.