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The Effects of Japanese Social Security Retirement Benefits on Personal Savings and Elderly Labor Force Behavior

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NBER1988-07-01 更新2025-01-04 收录
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Using Japanese annual time series data covering the period from 1946to 1982, this paper shows that social security wealth depresses personal savings. The effect was a reduction of approximately 143 thousand yen per capita wealth in real terms from 1970 to 1980. However, declining labor force

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1988-07-01
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