Are Japanese Men of Pensionable Age Underemployed or Overemployed?

IF 1.5 4区 经济学 Q2 ECONOMICS Japanese Economic Review Pub Date : 2016-06-02 DOI:10.1111/jere.12094
Emiko Usui, Satoshi Shimizutani, Takashi Oshio
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引用次数: 8

Abstract

We investigate how Japanese men aged 60–74 adjust their workforce attachment after beginning to receive a public pension. Men who were employees at 54 gradually move to part-time work or retire after beginning to receive pension benefits; those who continue working tend to be underemployed. Men self-employed at 54, however, neither reduce their working hours nor retire, tending to be overemployed. In contrast, US men retire or become part-timers when they first claim social security; those who continue working are unlikely to be either overemployed or underemployed. Therefore, unlike US men, Japanese men are not choosing the optimal pensionable age and labour hours to maximize their intertemporal utility.

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日本退休年龄男性就业不足还是过度就业?
我们调查了60-74岁的日本男性在开始领取公共养老金后如何调整他们的工作依恋。54岁时是雇员的男性在开始领取养老金后逐渐转向兼职工作或退休;那些继续工作的人往往没有充分就业。然而,男性在54岁时自主创业,既不减少工作时间,也不退休,容易出现过度就业。相比之下,美国男性在首次申领社会保险时退休或成为兼职人士;那些继续工作的人不太可能是过度就业或就业不足。因此,与美国男性不同,日本男性并没有选择最佳领取养老金年龄和工作时间来最大化他们的跨期效用。
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来源期刊
CiteScore
2.70
自引率
0.00%
发文量
15
期刊介绍: Started in 1950 by a group of leading Japanese economists under the title The Economic Studies Quarterly, the journal became the official publication of the Japanese Economic Association in 1959. As its successor, The Japanese Economic Review has become the Japanese counterpart of The American Economic Review, publishing substantial economic analysis of the highest quality across the whole field of economics from researchers both within and outside Japan. It also welcomes innovative and thought-provoking contributions with strong relevance to real economic issues, whether political, theoretical or policy-oriented.
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