This paper examines an ideal pension system that would prevent an increase in net pension liabilities and redress intergenerational inequalities. The direction of pension system reform that this paper proposes is to limit the amount of pension benefits to the sum of premiums, state...

This paper examines how social security reform and childcare support affect fertility and social welfare, based on a simple overlapping generations model with endogenous fertility. In an open economy with no altruism, introducing a childcare subsidy is the second-best solution under an aging...

In this paper we investigate why and to what extent the government should have a social security trust fund, and how it should manage the fund in the face of demographic shocks, based on a simple overlapping-generations model. We show that the government should have a trust fund in some form,...

"The book is a key reading which provides a comprehensive and systematic overview of the contemporary Asian economy. The book focuses on the structural changes that are rapidly transforming the regional economic landscape in the 21st century. It highlights the concomitant challenges that have...

This paper attempts to analyze how the learning and living environment of college affects the control of students' withdrawal and graduation within standard academic years, using panel data. The panel data analysis reveals the possibility that the conditions of the learning environment, such as...

This paper attempts to analyze how the learning and living environment of college affects the control of students' withdrawal and graduation within standard academic years, using panel data. The panel data analysis reveals the possibility that the conditions of the learning environment, such as...