• Corpus ID: 248834379

The Impact of the Social Security Reforms on Welfare: Who benefits and Who loses across Generations, Gender, and Employment Type?

@inproceedings{Iiboshi2022TheIO,
  title={The Impact of the Social Security Reforms on Welfare: Who benefits and Who loses across Generations, Gender, and Employment Type?},
  author={Hirokuni Iiboshi and Daisuke Ozaki},
  year={2022}
}
We quantitatively explore the impact of social security reforms in Japan, facing rapid aging and the highest government debt among developed countries, using an overlapping generations model with four types of agents distinguished by gender and employment type. We find that social security reforms without extending the retirement age raises the welfare of future generations, while the reforms with raising copayment rates for medical and long-term care expenditures, in particular, significantly… 

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