| Budget Amount *help |
¥4,810,000 (Direct Cost: ¥3,700,000、Indirect Cost: ¥1,110,000)
Fiscal Year 2015: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2014: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2013: ¥2,210,000 (Direct Cost: ¥1,700,000、Indirect Cost: ¥510,000)
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| Outline of Final Research Achievements |
This research analyses the sustainability of pension system in developing countries. Some of the developing countries in Asia are aging very fast. Currently, their pension systems cover a small number of population. Therefore, the deficit of pension system is small. Soon, the coverage is expected to increase, which will widen the deficit of the system. The model building is the core part of the research. The dynamic stochastic general equilibrium model is developed for the analysis. In developing the model, the researcher of this project presented the work in progress at the Kiel Institute of the World Economy (Kiel, Germany) and EcoMod of the Free University of Brussel (Belgum). The model structure is completed and planned to apply for the pension system of Indonesia. However, the research was temporally stopped due to the assignment of this researcher to the public debt department of Jordanian government and consultation work to Iraq ministry of finance.
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