Challenges in Social Security reforms in developed and developing countries

• Project/Area Number: 23K25513
• Project/Area Number (Other): 23H00816 (2023)
• Research Category: Grant-in-Aid for Scientific Research (B)
• Allocation Type: Multi-year Fund (2024); Single-year Grants (2023)
• Section: 一般
• Review Section: Basic Section 07040:Economic policy-related
• Research Institution: National Graduate Institute for Policy Studies
• Principal Investigator: Porapakkarm P. 政策研究大学院大学, 政策研究科, 教授 (10751266)
• Co-Investigator(Kenkyū-buntansha): 藤本 淳一 政策研究大学院大学, 政策研究科, 教授 (00507907) ; Hsu Minchung 政策研究大学院大学, 政策研究科, 教授 (20467062)
• Project Period (FY): 2023-04-01 – 2027-03-31
• Project Status: Granted (Fiscal Year 2024)
• Budget Amount: ¥16,640,000 (Direct Cost: ¥12,800,000、Indirect Cost: ¥3,840,000); Fiscal Year 2026: ¥2,990,000 (Direct Cost: ¥2,300,000、Indirect Cost: ¥690,000); Fiscal Year 2025: ¥2,990,000 (Direct Cost: ¥2,300,000、Indirect Cost: ¥690,000); Fiscal Year 2024: ¥4,680,000 (Direct Cost: ¥3,600,000、Indirect Cost: ¥1,080,000); Fiscal Year 2023: ¥5,980,000 (Direct Cost: ¥4,600,000、Indirect Cost: ¥1,380,000)
• Keywords: Social Secuirty reform / life cycle model / Social Security reform / aging population

Outline of Research at the Start

We develop a general research framework to study the social security reforms in developed countries and the scheme to induce participation in voluntary public pension programs in developing countries. We, first, document related empirical observations from household survey data. This empirical documentation also helps up to understand how difference in institutions and labor market structure across countries would affect our proposed social security reforms in developed and developing countries. Then, we develop a life-cycle model to examine the quantitative effects of our proposed reforms.