2026-03-15T11:30:40Z https://iuj.repo.nii.ac.jp/oai

oai:iuj.repo.nii.ac.jp:00000915 2023-06-23T12:18:21Z 1

Does More Female Labor Supply Really Save a Graying Japan? Does More Female Labor Supply Really Save a Graying Japan? 加藤, 竜太 カトウ, リュウタ Kato, Ryuta Ray Female Labor Supply Childcare, Child Allowance Elderly Care Public Pension Long-Term Care Insurance Population Aging Japan Simulation Female Labor Supply Childcare, Child Allowance Elderly Care Public Pension Long-Term Care Insurance Population Aging Japan Simulation This paper examines the impact of stimulated female labor supply on the Japanese economy as well as the government fiscal imbalance within a numerical dynamic general equilibrium model with multiple overlapping generations, particularly by paying attention to females' time costs of child rearing and elderly care in a graying Japan. Several numerical results indicate that even complete elimination of females' time costs of child rearing and elderly care stimulates the total GDP only by 1 percent. If complete elimination of time costs happens in accordance with no gender gap in wage profiles, then the total GDP expands by 4 percent. The results also suggest importance of government policies not only to stimulate female labor force participation but also to improve human capital accumulation of females to reduce a gender gap in wage profiles. 2017-09-01 eng departmental bulletin paper https://iuj.repo.nii.ac.jp/records/915 Economics & Management Series https://iuj.repo.nii.ac.jp/record/915/files/EMS_2017_04.pdf application/pdf 2.2 MB 2018-02-22