Population Aging, Fertility and Social Security

Akira Yakita is a Professor in the Department of Economics at Nanzan University, Japan.  He previously taught at Nagoya City University, The University of Tsukuba, Chukyo University, Mie University and Fukuoka University, and a professor emeritus of Nagoya City University.  His fields of interest are public economics and macroeconomics.

• Introduction and Overview.- Part I. Life Expectancy.-  Longevity and Fertility.- Life Expectancy, Money and Growth.- Life Expectancy, the Labor Supply of the Elderly and Fertility.- Part II. Issues in Social Security.- Fertility, Child Care outside the Home and Pay-As-You-Go Social Security.- Macroeconomic Effects of Changes in the Eligibility Age for Payments of Social Security Benefits under Cash-in-Advance Constraints.-Preference for Having Children, Fertility and Social Security.- Social Security Reform and the Labor Supply of the Elderly.- Political Choice of Government Budget Finance in Population Aging Economy.- Part III. Capital Accumulation in Population Aging Economy.- Longevity, Education and Economic Growth.- Parental Education, Fertility and Economic Development.- Youth Dependency, Technological Progress, and Economic Development.- Aging and Public Capital Formation.- Short- and Long-term Effects of Capital Taxation on Economieswith Different Demographic Changes.- Does Aging Reduce Sustained Stock of Renewable Resources?- Conclusion.