Abstract.Day2.Suzuki

Changes in Intergenerational Transfers in Japan During the Abenomics Period: An Examination Using the Japanese NTA Data from 2014 and 2019

Takashi Suzuki, Yoshinori Nishimura and Setsuya Fukuda

Previous Japanese Prime Minister ABE Shinzo, implemented an economic policy package known as “Abenomics”. Comparing 2012 and 2019, there was a significant change in the labor market, with an increase in the number of people in employment and a decrease in the unemployment rate. the rise in the employment rate of women and the elderly has likely changed the structure of intergenerational transfers, with those receiving social security now also becoming contributors. At the same time, this was also a period of population aging, and total social security spending has continued to increase. Whether the former exceeded the latter is important when assessing the sustainability of the social security system in Japan. in this presentation, we examine the results of Abenomics by using the Japanese NTA data from 2014 and 2019 to examine the structural changes in intergenerational transfers and their likely factors in the Abenomics period.