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Japan: Determinants of Retirement in a Hyper-Aged Society

  • Masa Higo
  • Heike Schröder
  • Atsuhiro Yamada
Chapter

Abstract

Today Japan is far ahead of the rest of the world on the aging curve of the population and faces unprecedented pressure to delay workers’ retirement. In this national context, workers’ retirement decisions and behaviors are largely determined, at the macro- and mesolevels, by the interplay between the government and employers over reforming mandatory retirement corporate policies thoroughly and uniformly institutionalized across the country’s workplaces, which are set at ages much younger than in most other developed countries around the world. The primary microlevel determinants of retirement include the persistent gender roles, which have still affected many female workers, those currently aged 50 and older in particular, as they are often rendered as primary caregiver for children, aged parents, and the household.

Keywords

Pension Reform State Pension Mandatory Retirement Workplace Characteristic Retirement Behavior 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© The Author(s) 2016

Authors and Affiliations

  • Masa Higo
    • 1
  • Heike Schröder
    • 2
  • Atsuhiro Yamada
    • 3
  1. 1.Kyushu UniversityFukuokaJapan
  2. 2.Queen’s Management SchoolQueen’s University BelfastNorthern IrelandUK
  3. 3.Department of EconomicsKeio UniversityTokyoJapan

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