IDEAS home Printed from https://ideas.repec.org/a/bpj/bejeap/v20y2020i2p25n7.html
   My bibliography  Save this article

Childcare Allowances and Public Pensions: Welfare and Demographic Effects in an Aging Japan

Author

Listed:
  • Okamoto Akira

    (Faculty of Economics, Okayama University, 3-1-1, Tsushima-naka, Kita-ku, Okayama-shi,Okayama 700-8530, Japan)

Abstract

In this study, reforms on childcare allowances and public pensions are examined in an extended lifecycle simulation model with endogenous fertility. A slight increase in family policies such as childcare allowances leads to increases in the total population but the magnitude of change is not large. As childcare allowances increase, however, the total population is cumulatively and progressively augmented, resulting in substantial growth in the total population and national income in the long run. Furthermore, from a long-term perspective, increases in childcare subsidies or decreases in public pension benefits are potentially Pareto-improving.

Suggested Citation

  • Okamoto Akira, 2020. "Childcare Allowances and Public Pensions: Welfare and Demographic Effects in an Aging Japan," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 20(2), pages 1-25, April.
    • Handle: RePEc:bpj:bejeap:v:20:y:2020:i:2:p:25:n:7
    DOI: 10.1515/bejeap-2019-0067
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/bejeap-2019-0067
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.
    File URL: https://libkey.io/10.1515/bejeap-2019-0067?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    depopulating and aging societies; childcare allowances; public pensions; Pareto improvements; simulation analysis;
    All these keywords.

    JEL classification:

    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:bejeap:v:20:y:2020:i:2:p:25:n:7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.