HAMAAKI, Junya; HORI, Masahiro; MAEDA, Saeko; MURATA, Keiko - In: Economic Analysis 184 (2011) January, pp. 143-179
Japan is now facing the most drastic population aging among all the industrialized countries. The ongoing sweeping demographic changes-population aging combined with lower fertility-are posing an unprecedented challenge to the Japanese economy. Moreover, tax and social security reform have...