@article{oai:iuj.repo.nii.ac.jp:00000915, author = {加藤, 竜太 and Kato, Ryuta Ray}, journal = {Economics & Management Series}, month = {Sep}, note = {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.}, title = {Does More Female Labor Supply Really Save a Graying Japan?}, year = {2017}, yomi = {カトウ, リュウタ} }