The Employment Policy for Aged Workers and the Financing of Unemployment Insurance
研究了1995年日本养老金和失业保险改革中引入的老年工人工资补贴，发现该补贴通过降低企业劳动成本增加了对老年工人的需求，同时提高了他们的实际收入和福利，但未来失业保险缴费率可能因人口老龄化而上升。
In the reform of the Japanese public pension system and unem- ployment insurance in 1995, a wage subsidy for aged workers funded by unem- ployment insurance was introduced. According to time series data, the wage elasticity of the labor demand for aged employees is elastic, whereas that of the labor supply is inelastic. Hence, the subsidy increases the demand for older work- ers by enabling fiirms to reduce their labor costs. At the same time, it raises the take-home pay of aged workers and improves their economic welfare. This fact is confirmed by the estimated results of the augmented demand system for aged workers. However, because unemployment insurance is financially dependent on the aging population, the contribution rates of unemployment insurance will rise in the near future.