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Title :Does More Female Labor Supply Really Save a Graying Japan?
Authors :加藤 竜太
Issue Date :1-Sep-2017
Description :This paper examines the impact of stimulated female labor supply on the Japanese economy as well as the government fiscal imbalance within a numerical dynamic general equilibrium model with multiple overlapping generations, particularly by paying attention to females' time costs of child rearing and elderly care in a graying Japan. Several numerical results indicate that even complete elimination of females' time costs of child rearing and elderly care stimulates the total GDP only by 1 percent. If complete elimination of time costs happens in accordance with no gender gap in wage profiles, then the total GDP expands by 4 percent. The results also suggest importance of government policies not only to stimulate female labor force participation but also to improve human capital accumulation of females to reduce a gender gap in wage profiles.
Keywords :Female Labor Supply
Childcare, Child Allowance
Elderly Care
Public Pension
Long-Term Care Insurance
Population Aging
Japan
Simulation
Female Labor Supply
Childcare, Child Allowance
Elderly Care
Public Pension
Long-Term Care Insurance
Population Aging
Japan
Simulation
URI :http://hdl.handle.net/10623/76543
Appears in Collections:01 Economics & Management Series

Please use this identifier to cite or link to this item: http://hdl.handle.net/10623/76543

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