Advertisement

Introduction

  • Akira Okamoto

Abstract

Aging of the Japanese population is currently progressing at a rapid rate, and will continue at a speed that no other developed nation has experienced before. Figure 1.1 presents the transition of the ratio of people aged 65 and above to the total population for five advanced countries. The percentage of Japan’s population aged 65 and above has increased by 8.2% during the 30 years from 1965 to 1995. This proportion is expected to increase further by another 14.2% during the next 30 years from 1995 to 2025: this increase in elderly population is of a drastic nature that no other population in the world has ever experienced.

Keywords

Saving Rate Aging Society Public Pension Representative Household Bequest Motive 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Springer Japan 2004

Authors and Affiliations

  • Akira Okamoto
    • 1
  1. 1.Faculty of EconomicsOkayama UniversityOkayamaJapan

Personalised recommendations