Tax Policy for Aging Societies

The Applicability of the Life-Cycle Hypothesis of Saving to Japan.- A Life-Cycle General Equilibrium Simulation Model.- Modeling Demographics: Comparison of Two Steady States.- Intragenerational Equity.- Quantitative Analysis.- Progressive Expenditure Taxation.- Organization of This Book.- Taxation of Interest Income in an Aging Japan: Simulation Analysis Using a Life-Cycle General Equilibrium Model.- Theoretical Framework.- Simulation Analysis.- Simulation Results.- Conclusions.- Appendix 2.A.- Appendix 2.B.- Progressive Taxes and Intragenerational Redistribution in an Aging Japan.- Theoretical Framework.- Simulation Analysis.- Simulation Results.- Conclusions.- Appendix 3.A.- Appendix 3.B.- Appendix 3.C.- Appendix 3.D.- Appendix 3.E.- Simulating Progressive Expenditure Taxation in an Aging Japan.- Theoretical Framework.- Simulation Analysis.- Simulation Results.- Conclusions.- Appendix 4.A.- Inheritance Taxes and Tax Reforms in an Aging Japan.- Theoretical Framework.- Household Behavior.- Simulation Analysis.- Method of Simulation.- Simulation Cases.- Specification of Parameters.- Simulation Results.- Findings and Policy Implications.- Conclusions.- Appendix 5.A.- Appendix 5.B.- Appendix 5.C.- Integration of Tax and Social Security Systems: Financing Methods for a Public Pension Scheme in a Pay-as-you-go System.- Theoretical Framework.- Simulation Analysis.- Simulation Results.- Conclusions.- Appendix 6.A.- A Life-Cycle General Equilibrium Simulation Model with Continuous Income Distribution: An Application to an Aging Japan.- Theoretical Framework.- Simulation Analysis.- Simulation Results.- Conclusions.- Appendix 7.A.- Appendix 7.B.- Appendix 7.C.- Appendix 7.D.- Appendix 7.E.- Appendix 7.F.- Within-Cohort Inequality and Tax Reforms in an Aging Japan.- Theoretical Framework.- Simulation Analysis.- Simulation Results.- 8.5 Conclusions.- Appendix 8.A.- Appendix 8.B.- Appendix 8.C.- Summary and Conclusions.- General Summary.- Individual Summaries for Chapters 2-8.- of a Progressive Expenditure Tax.- Reservations and Suggestions for Future Research.- References.- Author Index.